AUM up 4% in Q2 on advised platforms - the lang cat
Net sales down 56%
Mark Polson: “Looking ahead, we could see greater market disruption as PROD segmentation and the use of multiple platforms may mean advisers start to look for new homes for client assets in larger numbers."
Total assets under administration (AUA) on advised platforms increased by 4.4% in Q2 2019, data from the lang cat has found.
AUA on advised platforms stood at £531.42bn in Q2, up more than 4% from £509.21bn at the end of Q1. Stripping out assets from institution, direct and other channels to market, the lang cat's analysis...
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