AJ Bell AuA up 21% in 2021

Net inflows reach £1.3bn

clock • 1 min read

AJ Bell has seen its total assets under administration grow by 21% over the past year to £75.6bn.

The final quarter of 2021 saw total net inflows reach £1.3bn, with AuA up 4%. Over the same quarter the FTSE All-Share Index rose by 3.7%. AJ Bell Investments' AUM was up 110% over the year at £2.1bn, although the final quarter of the year saw assets fall 5% due to a one-off outflow of £241m. Excluding this, underlying net inflows in the quarter were £182m, compared with £147m for the same quarter in 2020. According to AJ Bell, the one-off outflow was an "exceptional bulk annuity purchase", which it had previously signalled in the financial year-end trading update published in October...

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