Nucleus pushes past 'short term headwinds' as AUA up £1bn in 2019
Following year of 'substantial investment'
David Ferguson: "Substantial investment in the core platform has delivered improved efficiency, new functionality and new capabilities."
Nucleus' assets under administration (AUA) grew by just under 7% in the year to 30 June, following a year of "substantial investment" in its platform business.
The Edinburgh-based adviser platform's AUA is up to £15.3bn from £14.3bn at the same time last year, while net revenue was up by around £1m over the same period to £22.1m. Nucleus launched several new...
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