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NZX Wealth Technologies profitable and aiming at big targets

Friday 27th of August 2021

NZX Wealth Technologies grew strongly in the six months to June 30, but is still below its forecast targets. It says new clients helped funds under administration to increase by 151.1% on the same time last year to $7.73 billion.

It still expects to have $10 billion in FUA by year's end and between $35 billion and $50 billion by 2023.

The company says it has a strong pi...

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