Quilter sees third-quarter net inflows rise tenfold from 2020

Sale of Quilter International to complete by year-end

Elliot Gulliver-Needham
clock • 1 min read
Quilter CEO Paul Feeney
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Quilter CEO Paul Feeney

Quilter has seen Q3 net inflows of £1.0bn, a tenfold increase from Q3 2020, according to its most recent trading statement.

The company reported today (3 November) that its assets under management and administration, excluding those of of Quilter International, the sale of which is due to complete by year-end, had reached £108.5bn by the end of September 2021, with year-to-date net inflows reaching £3.0bn, up from £1.1bn in 2021. Quilter said it expected its 2025 adjusted profit to be at least double the level achieved in 2020, due to a combination of reaffirming its 6% annual net flow target from 2022 onwards, while implementing a plan to reduce operating costs by about £45m by the end of 2024. The tradin...

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