2020 platform sales saved by fourth quarter rally
Bella Caridade-Ferreira: "A week of good news in November was a significant boost to flagging sales."
Platform market assets under administration grew by 7.6% in the last quarter of 2020 to turn it into a relatively successful year for the sector, according to the latest data from Fundscape.
Overall market assets ended at £785bn, 9% (£64.8bn) higher than the end of 2019 as net sales of £36bn across 2020 helped that growth - platform sector net sales in 2019 were £29.2bn. After a record-breaking...
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