Advised platforms achieve robust year-on-year performance - lang cat

Both gross and net flows for retail platforms may have fallen between the second and third quarter of 2021 but year-on-year figures show that the sector is in rude health, according to the consultancy. Consulting director at the lang cat, Steve Nelson, said year-on-year flows are a better barometer for the strength of the sector and performance here has been particularly robust, which is no mean feat considering the backdrop of ongoing Covid uncertainty. "This is indeed a healthy sector." He added that the decreases in net and gross flows quarter-on-quarter should not be an immediate ...