Quilter Investors, the multi-asset arm of Quilter, experienced net inflows of £85m during the final quarter of 2022, despite the parent group reporting an 83% decline in its overall net flows compared to the same period in 2021.
According to its results posted today (25 January), the firm saw £360m of net flows into Quilter Investor funds on its platforms, however this was offset by £275m of outflows from Quilter Investors funds held on external platforms. Overall flows in the fourth quarter for Quilter were £159m, down from £950m in the same quarter in 2021 and £236m in the third quarter of 2022. Quilter chief executive (CEO) Steven Levin, who took on the role in 31 October, said net flows "were below the level we want to achieve". "Net flows have been impacted by heightened adviser consolidation across t...
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