Asset manager cautiously confident that net inflows will increase further over the course of 2023
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 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...A subscription helps you enjoy the best of our business content every day along with benefits such as articles from our international business news partners; ProfileData financial data; and digital access to the Sunday Times and TimesLive Premium.
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