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Quilter’s quarterly performance hit hard by market turmoil

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Net inflows in the period ended December were almost a third lower than the previous three months and down more than four-fifths from a year earlier

London-based wealth manager Quilter says assets under management and administration edged higher in its latest quarter, helped by a modest pickup in equity markets and slightly lower bond yields.

At the end of the three months to December 31, the formerly unit of the Old Mutual group, oversaw £99.6bn in customer investments, a 3% rise quarter on quarter...A 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 TimesLive Premium.

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