Full Year 2024 MA Financial Group Ltd Earnings Call Transcript

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Feb 20, 2025

Feb 20, 2025 / 12:00AM GMT
Operator

Thank you for standing by, and welcome to the MA Financial Group FY24 result announcement. (Operator Instructions)

I would now like to hand the conference over to Julian Biggins, Joint CEO. Please go ahead.

Julian Biggins - MA Financial Group Ltd - Joint Chief Executive Officer, Executive Director

Good morning and welcome to the FY24 result for MA Financial Group. My name is Julian Biggins, and I'm Joint CEO of the company along with Chris Wyke, who is sitting next to me. Also in the room is the company's Chief Financial Officer, Giles Boddy; and Michael Leonard, Head of Investor Relations.

Let's get straight into the result and some of the key highlights on slide 6. We're really pleased with the progress of the company over the last year. In FY24, we delivered gross flows into our investment strategies of $2.7 billion. This includes the $500 million subscription into the real estate credit vehicle, which was allocated in September, 2024 and $2.2 billion of gross inflows for the year. This is up 27% on the prior year. Flows were again

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