- Mainstream Group (MAI) has reported a total of $272.2 billion in funds under administration, as of March 31, 2021
- This is by far the highest amount of funds under administration (FUA) that the independent fund administration company has recorded
- Funds under administration increased by $47.4 billion in three months, representing a 21 per cent increase quarter on quarter
- Mainstream’s number of investors for the quarter increased by roughly 19,000 to 176,000
- The company attributed this result to onboarding a new key client, plus strong inflows across its existing Australian client base
- Mainstream Group is up 0.26 per cent and trading at $1.96 per share
Mainstream Group: Exceeds $272B under administration
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