Quilter posts fall in Q4 AuM
Quilter
145.60p
16:25 09/01/25
2.03%
2.90p
Wealth manager Quilter reported a fall in fourth-quarter assets under management and administration as equity markets slowed.
Financial Services
18,268.55
16:24 09/01/25
1.73%
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16:25 09/01/25
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16:25 09/01/25
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FTSE All-Share
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16:25 09/01/25
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The company said assets under management at the end of December fell to £99.6bn from £111.8bn a year earlier, but up 3% quarter on quarter.
Net inflows £159m, down from £236m quarter on quarter and £950m a year earlier.
"Although net flows for 2022 were below the level we want to achieve, we finished the year on a solid note despite the usual seasonal slowdown towards the end of the quarter," said chief executive Steven Levin.
Reporting by Frank Prenesti for Sharecast.com