Quilter’s assets under management falls by more than £10bn but signs of hope remain Wealth management Quilter’s assets under management and administration (AuMA) fell by more than £10bn in 2022 as the asset management industry continues to grapple with instability in the global economy. In 2022 the wealth manager saw AuMA fall to £99.6bn from £111.8bn the year before. Average AuMA for the fourth quarter of 2022 was £98.8bn, below the [...]
Quilter assets slide as volatility shakes markets Wealth management Shares in wealth manager Quilter dived this morning as the FTSE 250 firm revealed its assets under management tumbled to £96.9bn in the three months to the end of September.
Quilter boss Feeney steps down after a decade Quilter Wealth management giant Quilter has revealed that chief Paul Feeney will step down as chief of the firm at the end of this month as its Affluent segment boss Steven Levin takes over the reins.
Quilter assets slide as Ukraine crisis hits investor confidence April 20, 2022 Wealth manager Quilter reported a dip in assets under management in the past three months as investor jitters spread in the wake of Russia’s invasion of Ukraine.
Quilter announces £1bn net inflows as wealth management ahead of reorganisation November 3, 2021 Quilter, a British wealth management company, has today announced robust third quarter results with net inflows of £1bn, ten times that of the same period last year. Following the quarterly results for the three months ended 30 September 2021, Quilter’s year-to-date net inflows stand at £3bn, almost triple that of £1.1bn in 2020. Quilter’s assets under [...]
Quilter announces robust interim results as net client cashflow doubles August 11, 2021 Quilter, a British wealth management company, has published robust interim results with net client cashflow doubling compared to the same period in 2020. Net Client Cash Flow saw a year on year increase of 127 per cent in the first half of 2021 reaching £2.5bn while adjusted profit before tax increased by 20 per cent [...]
Exclusive: Quilter to make hundreds more redundant in bid to slash costs since LSE listing June 18, 2021 Quilter is poised to make some 400 more people redundant as the UK exits the Covid-19 pandemic, having already laid off hundreds of staff in an effort to bring its costs into line since it listed on the London Stock Exchange. At least 200 people working in areas as varied as financial advice and HR [...]