Quilter quarterly inflows hit £810m bringing AUMA to £112bn

Strongest platform flows since IPO

Cristian Angeloni
clock • 2 min read

Quilter has posted core net inflows of £810m for the first quarter of 2024, taking assets under management and administration to £111.6bn.

In its Q1 results published today (24 April), the wealth manager noted inflows were nearly double the level of a year prior - £409m in Q1 2023 – while AuMA has risen by 5% since the end of 2023. Quilter adjusted profit for 2023 jumps 25% to £167m The biggest contributors to the increase in flows over the three-month period were the Quilter platform, gathering £1bn inflows (up 23%) and marking its highest level since 2018, and the IFA channel, which saw net inflows soar 400% to £432m, from £83m in the first quarter of last year. The high-net worth segment of the business followed su...

To continue reading this article...

Join Investment Week for free

  • Unlimited access to real-time news, analysis and opinion from the investment industry, including the Sustainable Hub covering fund news from the ESG space
  • Get ahead of regulatory and technological changes affecting fund management
  • Important and breaking news stories selected by the editors delivered straight to your inbox each day
  • Weekly members-only newsletter with exclusive opinion pieces from leading industry experts
  • Be the first to hear about our extensive events schedule and awards programmes

Join now

 

Already an Investment Week
member?

Login

More on Companies

Barclays fined £40m over 2008 capital raising conduct

Barclays fined £40m over 2008 capital raising conduct

FCA previously sought to impose £50m fine

Jen Frost
clock 25 November 2024 • 2 min read
Tavistock Investments acquires £3bn asset manager Alpha Beta Partners

Tavistock Investments acquires £3bn asset manager Alpha Beta Partners

'Complementary' to business positioning

Linus Uhlig
clock 22 November 2024 • 2 min read
Hargreaves Lansdown's Derren Nathan: Companies best placed to absorb NI cost pressures

Hargreaves Lansdown's Derren Nathan: Companies best placed to absorb NI cost pressures

Following Rachel Reeves' Budget

Derren Nathan
clock 21 November 2024 • 4 min read
Trustpilot