Quilter reports slight rise in first-quarter assets under management
Asset manager cautiously confident that net inflows will increase further over the course of 2023
25 April 2023 - 11:56
London-based wealth manager Quilter said the total value of assets it manages ticked up in the first quarter of its financial year after a modest rise in equity markets and slightly lower bond yields.
Assets under management and administration (AuMA) at Old Mutual’s former wealth management business rose 2% to £101.9bn in the three months to end-March, which is still below the 2022 full-year average of £102.8bn...
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