Platforms see 6.5% growth in Q2

Advised platforms make up two-thirds of growth

clock • 2 min read

The second quarter of 2021 saw “Olympic-style” growth within the UK platform sector, with platform assets growing by 6.5% to £865.8bn, according to data compiled by Fundscape.

A mixture of pent-up cash and digital wealth demand saw platform assets explode in Q2, following an already successful first quarter that saw platform assets swell £32.8bn, Fundscape said. Of the total new assets found on platforms in Q2, adviser platforms were responsible for a "chunky" 63%, the firm added. Adviser platform assets rose to £545.8bn while gross and net sales totalled £20.9bn and £10.1bn respectively. True Potential rose to the top of the net sales table with £1.4bn for the quarter, with Transact close behind with £1.3bn. Following on from that was Aviva with £1.2bn net...

To continue reading this article...

Join Professional Adviser for free

  • Unlimited access to real-time news, industry insights and market intelligence
  • Stay ahead of the curve with spotlights on emerging trends and technologies
  • Receive breaking news stories straight to your inbox in the daily newsletters
  • Make smart business decisions with the latest developments in regulation, investing retirement and protection
  • Members-only access to the editor’s weekly Friday commentary
  • Be the first to hear about our events and awards programmes

Join

 

Already a Professional Adviser member?

Login

More on Investment

Party politics: Why investors should celebrate AIM's 30th birthday, even if the government won't

Party politics: Why investors should celebrate AIM's 30th birthday, even if the government won't

AIM has helped 4,000 businesses raise £135bn since launch

Eustace Santa Barbara
clock 19 June 2025 • 4 min read
AIM at 30: Why advisers should take a fresh look at the UK's junior market

AIM at 30: Why advisers should take a fresh look at the UK's junior market

'We see AIM as a jewel in the crown with long-term appeal for the right clients'

Oliver Brown
clock 17 June 2025 • 4 min read
Taking the rough with the smooth: How to navigate global market volatility

Taking the rough with the smooth: How to navigate global market volatility

'Like investing, smoothing isn't one-size-fits-all'

James Tothill
clock 13 June 2025 • 4 min read