Chris Bredin: Struggles in Platform Land

'Some reported chunky outflows'

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Chris Bredin: "A number of platforms reported some pretty chunky outflows over the quarter, which goes some way to explain the overall reduction in net flow."
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Chris Bredin: "A number of platforms reported some pretty chunky outflows over the quarter, which goes some way to explain the overall reduction in net flow."

Now the dust has settled on the busy August reporting period - and England's hopes of winning the 2019 ashes, Chris Bredin would like to take a closer look at the numbers reported by advised platforms in Q2 2019 …

Advised AUA, as is expected when markets are on the up, rose by a respectable, but not exceptional, 4.5% to £418bn over the quarter, and by 8.9% over the year. These are pretty good results but they were...

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