AJ Bell Investments AUM rises 38% as platform business hits £89.5bn AUA

Quarterly inflows of £1.4bn

Cristian Angeloni
clock • 1 min read

AJ Bell has posted a 17% rise in assets under administration (AUA) for 2024, hitting a record £89.5bn at the end of last year.

In its quarterly trading update today (29 January), the firm reported a 3% increase in AUA, aided by £1.4bn in net inflows over the last three months of 2024, up from £1.3bn in the same period a year prior. Favourable market movements also contributed around 2% of opening AUA, it noted. Additionally, AJ Bell Investments closed the year with a 38% increase in assets under management to £7.2bn, marking a 6% rise for the quarter. AJ Bell launches £30m share buyback scheme as revenue surges 23% Net inflows into the investment division stood at around £400m for the last quarter of 20...

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

Charles Schwab launches 24-hour trading service for UK clients

Charles Schwab launches 24-hour trading service for UK clients

US blue-chip stocks available

Sorin Dojan
clock 13 February 2025 • 2 min read
Evelyn Partners reports 'all-time-high' AUM of £63bn

Evelyn Partners reports 'all-time-high' AUM of £63bn

CEO flags Budget impact on Q4

Jen Frost
clock 12 February 2025 • 2 min read
BP profits tank as CEO promises 'new direction'

BP profits tank as CEO promises 'new direction'

Amid stake taken by activist Elliott IM

Beth Brearley
clock 11 February 2025 • 2 min read
Trustpilot