Quilter plc (QLT.L) reported third quarter net inflows of 1.4 billion pounds, materially higher than strong first and second quarter levels, and record quarterly Platform net inflows of 1.5 billion pounds.
The company reported group Assets under Management and Administration or "AuMA" of 116.2 billion pounds at the end of September 2024. The increase of 2% in the quarter reflected net inflows, and higher market levels with this partially offset by Sterling appreciation.
Quilter channel annualised gross sales per Quilter Adviser were 3.1 million pounds in the third quarter, broadly stable on first half levels.
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