Transact reports £4bn inflows in H1 as overall funds drop almost 2%

FUD reduces due to geopolitical instability

Jenna Brown
clock • 1 min read
Transact reports £4bn inflows in H1 as overall funds drop almost 2%
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Transact reports £4bn inflows in H1 as overall funds drop almost 2%

Platform Transact has reported record inflows for H1 of the 2022 financial year, surpassing £4bn of for the first time, however, funds under direction reduced overall.

In a trading update released on Wednesday (20 April) it also said its net inflows for H1 were its best ever at £2.7bn, an increase of 16% on the comparative period in 2021. The platform added its funds...

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