The Quilter Investment Platform achieved record gross flows in March 2021 exceeding monthly sales of £1bn for the first time, according to Q1 results.
Assets under management and administration ("AuMA") were £119.9bn at the end of March - an increase of 26% from end March 2020 and up 2% from 31 December 2020, the company said in a stock market announcement. It said first quarter gross sales were £3.8bn compared to £3.3bn in 2020, an increase of 15% on the comparable period. Net inflows were £1.2bn compared to 2020's £0.5bn which represetned an increase of 240% on the first quarter of last year. Quilter Investment Platform delivered a 29% increase in gross sales for the quarter of £2.2bn (2020: £1.7bn) which, "with stable persi...
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