Australia's Raiz Invest gains most in 2 weeks on FUM growth

RAIZ Invest

11/04/2023 04:49

** Shares of fund manager Raiz Invest  RZI.AX  rise as much
as 6.5% to A$0.41, their best intraday gain since March 28
    ** Says its global funds under management as of March 31
totalled A$1.12 billion, a 1.5% growth over a one-month period 
    ** Adds its immediete priorities include ensuring the
company returns to being cash flow positive 
    ** Shares hit highest since March 31
    ** RZI down 6.1% year-to-date as of last close 

 (Reporting by Harshita Swaminathan)
 ((Harshita.Swaminathan@thomsonreuters.com))