Quilter platform net inflows reach £1.5bn

Group AUMA hit £116.2bn

Sahar Nazir
clock • 2 min read

Quilter has recorded quarterly platform net inflows of £1.5bn, representing 7% of opening Assets under Management and Administration (AUMA).

For the three months to the end of September 2024, Quilter channel gross inflows and net inflows onto the platform increased by 22% and 31% respectively year-on-year, according to a trading statement published on Wednesday (16 October). Fidelity and abrdn among firms joining new trade body for investment platforms Its IFA channel gross inflows onto the platform increased by 76% year-on-year. Net inflows increased by £1bn on the comparable period to £821m (Q3 2023: £187m net outflow). Quilter CEO Steven Levin said: "In what is traditionally the slower summer quarter, we have deliver...

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 Companies

Sinking Pennon Group takes top spot as most shorted UK stock in Q1

Sinking Pennon Group takes top spot as most shorted UK stock in Q1

Kingfisher in second place

Eve Maddock-Jones
clock 02 April 2025 • 4 min read
Raspberry Pi's profits fall over 50% after 'transformative year' for the company

Raspberry Pi's profits fall over 50% after 'transformative year' for the company

Following June 2024 IPO

Linus Uhlig
clock 02 April 2025 • 2 min read
Kleinwort Hambros becomes UBP's UK arm following takeover

Kleinwort Hambros becomes UBP's UK arm following takeover

All London teams to move into Marylebone

Sorin Dojan
clock 01 April 2025 • 1 min read
Trustpilot