Steady quarter for Quilter as AUMA edges closer to pre-Covid levels

Net flows 'seasonally weaker'

James Baxter-Derrington
clock • 2 min read

Quilter has reported stable net inflows in Q3, placing the firm's assets under management and administration (AUMA) close to pre-Covid levels.

In its third quarter trading statement, Quilter added £2.1bn to its AUMA to bring its total as at 30 September 2020 to £109.5bn, nearing the £110.4bn it recorded on 31 December 2019, of which net inflows contributed £100m, while market and other movements provided the remaining £2bn. Quilter Cheviot expands investment management team Net flows across the firm's advice and wealth management businesses stagnated but grew AUMA by £800m thanks to market and other movements, while the wealth platforms contributed the total £100m of net inflows, and also enjoyed growth from market and other...

To continue reading this article...

Join Investment Week for free

  • Unlimited access to real-time news, analysis and opinion from the investment industry, including the Sustainable Hub covering fund news from the ESG space
  • Get ahead of regulatory and technological changes affecting fund management
  • Important and breaking news stories selected by the editors delivered straight to your inbox each day
  • Weekly members-only newsletter with exclusive opinion pieces from leading industry experts
  • Be the first to hear about our extensive events schedule and awards programmes

Join now

 

Already an Investment Week
member?

Login

More on Investment

Partner Insight: Navigating a new era for investing

Partner Insight: Navigating a new era for investing

Across the developed world, inflation is back and here to stay, says Wellington Management’s John Butler.

Sarka Halas
clock 13 March 2024 • 2 min read
Partner Insight: Should investors go global for more impact?

Partner Insight: Should investors go global for more impact?

Global investing offers scope for broader social impact as well as financial returns.

Sarka Halas
clock 11 March 2024 • 1 min read
Women in Investment Awards winner interview: Omotunde Lawal from Barings

Women in Investment Awards winner interview: Omotunde Lawal from Barings

Supporting the next generation

Katrina Lloyd
clock 07 March 2024 • 1 min read
Trustpilot