Quilter achieved record net inflows of £3bn in the first quarter of the year, however, these were largely offset by market movements caused by the Iran conflict.
Its latest results, released today (22 April), showed its group assets under management and administration (AUMA) were £141.9bn at the end of March. It said the record £3.1bn of net inflows were hindered by volatility during the period but the recovery in markets in recent weeks has led to a "meaningful uplift in AUMA from the end March level". On its platform, the business reported increased gross and net flows, which were up 22% year-on-year. It added that IFA channel gross inflows onto the platform also increased 22% year-on-year. It said IFA channel net inflows of £1.9bn wer...
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