Australia's Raiz Invest rises on higher FUM for July

RAIZ Invest

04/08/2022 01:53

** Shares of Raiz Invest  RZI.AX  rise as much as 4.5% to
A$0.700 - set to mark best session since July 27, if gains hold
    ** RZI posts https://www.asx.com.au/asxpdf/20220804/pdf/45cjhh0k3rrr18.pdf
 global funds under management (FUM) of A$1,009.7 mln ($701.5
mln) as at July 31, compared with A$954.4 mln as at June 30
    ** Posts FUM from Australia of A$995.7 mln as at July 31,
compared with A$940.3 mln as at June 30
    ** Stock down ~62.3% this year, as of last close

($1 = 1.4393 Australian dollars)

 (Reporting by Upasana Singh in Bengaluru)
 ((Upasana.Singh@thomsonreuters.com))