Evelyn Partners records £2.1bn inflows as 'last year's headwinds ease'

The financial services giant also saw AUMA rise to £59.1bn in Q4

Isabel Baxter
clock • 1 min read

Evelyn Partners recorded a 50% increase in gross inflows reaching £2.1bn in Q4 last year, according to its latest results.

The professional services giant's latest trading update for the 12 months ended 31 December 2023 showed that it achieved record gross inflows of £7.8bn compared to £5.4bn in 2022. Net inflows increased to £700m in Q4 and on a full-year basis, Evelyn Partner's net inflows in 2023 were £3.1bn, up from £2.3bn which is a growth rate of 5.8% based on opening assets. Meanwhile, the group's assets under management and advice increased by 6.1% to £59.1bn which it contributed to a combination of strong net inflows of new assets and positive market movements in Q4. The latest results also sa...

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 Companies

Inside Progeny's 'next generation advice journeys' project

Inside Progeny's 'next generation advice journeys' project

‘We have a duty to drive improvements and impact for change’

Isabel Baxter
clock 22 February 2024 • 3 min read
Hartley Pensions declared failed by FSCS after investigation

Hartley Pensions declared failed by FSCS after investigation

The SIPP operator went into administration in July 2022

Isabel Baxter
clock 22 February 2024 • 2 min read
Wealth and annuities sales boost 2023 success for Canada Life

Wealth and annuities sales boost 2023 success for Canada Life

The provider posts record £1.2bn individual annuity sales

Isabel Baxter
clock 21 February 2024 • 1 min read