Quilter Plc (GB:QLT) has released an update.
Quilter Plc has reported a robust first quarter in 2024, with a 5% increase in Assets under Management and Administration to £111.6 billion, driven by solid inflows and positive market conditions. Net inflows have notably doubled from the previous year, reaching £810 million, highlighted by especially strong performance in the High Net Worth and Affluent segments. The company’s Platform recorded its highest quarterly net inflows since 2018, with a significant contribution from Independent Financial Advisers, signifying strong business momentum and investor confidence.
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