Quilter plc (QLT.L), a wealth management company, Wednesday reported higher net inflows and Assets under Management and Administration or AuMA in the fourth quarter.
For the quarter, the reported net inflows increased to 1.85 billion pounds from 56 million pounds in the prior year.
Core net inflows increased to 1.96 billion pounds from 175 million pounds in the last year.
The AuMA increased 3 percent to 119.4 billion pounds from 107 billion pounds in last year.
The increase in AuMA reflected net inflows, along with broadly neutral markets and a positive contribution from Sterling weakness. On the London Stock Exchange, Quilter shares were gaining around 5.42% to trade at 167.30 pence.
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