Netwealth Group Ltd
NWL: XASX (AUS)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| LOCK|.r | LOCK|mr$ | LOCK|HQdskg |
Netwealth: Fund Growth Trails Expectations, but Fee Margins Hold Up
Netwealth's third-quarter fiscal 2026 funds under management and administration, or FUMA, increased 22% on last year to AUD 158 billion. Twelve-month net custodial flows were 15% of FUA, compared with 18% same time last year.
