Quilter Reports Higher Third Quarter Inflows
British asset manager Quilter reported higher third quarter net inflows as geopolitical uncertainty drove demand for financial advice. Core net inflows reached 2.9 billion pounds, while assets under management rose 19 percent to 160.5 billion pounds.
Xurve View
Insights:
Xurve View
QUILTER PLC reported £2.9 billion ($3.88 billion) in third-quarter core net inflows across the United Kingdom and other markets. Unpredictable markets and conflict involving Iran drove affluent clients toward professional financial advice. Total assets under management expanded 19% to £160.5 billion for the wealth manager.
