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AJ Bell Q2 Assets Under Administration Rise 20% To £108.7 Bln; Net Inflows Increase

By RTTNews Staff Writer   ✉   | Published:   | Follow Us On Google News

AJ Bell plc (AJB.L) on Thursday reported strong second-quarter momentum, with assets under administration and customer numbers rising sharply.

Assets under administration increased to £108.7 billion, up 20% year on year.

Gross inflows for the quarter rose 40% to £5.6 billion from £4 billion, while net inflows climbed 42% to £2.7 billion from £1.9 billion.

Customer numbers grew by 50,000 in the quarter to a record 723,000, marking a 22% increase over the past year.

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