AJ Bell's AuA dips 2% despite positive flows

Annual results

clock • 1 min read

Assets under administration at AJ Bell's platform business fell by 2%, despite finding £5.8bn of net inflows over the past 12 months.

In the firm's annual results released this morning (20 October) AJ Bell reported resilient, if lower, flows during the 12 month period to the end of September. Net inflows of £5.8bn compared to £7bn for the previous fiscal year and £4.9bn for the 2020 fiscal year. However, the company's assets under administration still fell 2% to £64.1bn because of "adverse market movements" of 11%. AUM of AJ Bell Investments increased during the period, up 27% to £2.8bn, due to net inflows of £1.05bn. Jupiter initiates share buyback as AUM takes hit despite slowing outflows Total customer numb...

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 Platforms

AJ Bell adopts Amundi Technology's automated portfolio management system

AJ Bell adopts Amundi Technology's automated portfolio management system

Integrating Amundi's Alto into existing operations

Beth Brearley
clock 15 May 2025 • 1 min read
Platforms throw spanner in the works for Woodford as portfolio upload function not allowed

Platforms throw spanner in the works for Woodford as portfolio upload function not allowed

After teased launch of a portfolio platform

Cristian Angeloni
clock 12 May 2025 • 5 min read
Economic secretary confirms wholesale ISA review as experts call for sweeping reform

Economic secretary confirms wholesale ISA review as experts call for sweeping reform

LISA reform front and centre

Beth Brearley
clock 24 April 2025 • 2 min read
Trustpilot
Loading page