Quilter reports net inflows but takes market hit

  • 📰 BDliveSA
  • ⏱ Reading Time:
  • 14 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 9%
  • Publisher: 63%

Belgique Nouvelles Nouvelles

Group net inflows fell almost a third to £1.4bn to end-June, but assets under management fell 12%, hit by market volatility due to war in Europe

London-based Quilter, Old Mutual’s former wealth management business, says the pace of net inflows tumbled in its half-year to end-June, while assets under management and administration fell 12%, as investors grappled with volatility stemming from Russia's invasion

of Ukraine.PremiumA subscription helps you enjoy the best of our business content every day along with benefits such as articles from our international business news partners; ProfileData financial data; and digital access to the Sunday Times and Sunday Times Daily.

 

Merci pour votre commentaire. Votre commentaire sera publié après examen.
Nous avons résumé cette actualité afin que vous puissiez la lire rapidement. Si l'actualité vous intéresse, vous pouvez lire le texte intégral ici. Lire la suite:

 /  🏆 12. in BE

Belgique Dernières Nouvelles, Belgique Actualités