Nucleus nears break-even after record Q1

First quarter inflows were up 203% to £297.4m, compared to £98.3m last year, and ahead 40% on Q4's £213.1m. The surge in business flows, which also saw the IFA-owned wrap record its first-ever £150m plus month, means the wrap is now nearing its profitability mark.  Nucleus says while the pace of inflows has built steadily as more firms have signed up - the wrap now has 65 owner IFA firms - there has been a "definite and sustained" uplift over the past six months. The bumper period, it adds, has resulted in a near-doubling of assets on the platform. "2010 has got off to a stunning s...