Asia
MA Financial Group Says Assets Under Management Up 44% in Q1
MA Financial Group (ASX:MAF) said first-quarter assets under management (AUM) rose 44% year on year to AU$14.8 billion, according to a Tuesday Australian bourse filing.The total AUM was down 3% over the quarter ended March 31, largely due to the previously flagged sale process of Marion shopping center, which the company expects to have an immaterial impact on 2026 revenue.The company said gross total flows, including institutional, were AU$490 million, down from AU$779 million in the same quarter last year.Finsure managed loans were up 27% to AU$179 billion over the year to Feb. 28, with record gross monthly loan applications of AU$11 billion in March, the filing added.
ASX:MAF
