6th Jan 2021 22:18
Nucleus Financial Group PLC - Edinburgh-based financial wrap platform - Says assets under administration as at December 31, increased to GBP17.4 billion from GBP16.1 million at the same time last year. In fourth quarter to December-end posted gross inflows of GBP492 million, down from GBP497 million last year. Net inflows increased to GBP208 million from GBP153 million.
"Following a great start to the year and given the month-on-month improvement in net inflows since the summer (December alone exceeded all of Q3), our springtime decision to continue investing through the pandemic has allowed us to enter 2021 with great momentum, albeit remaining cognisant of the ongoing uncertainty in the external environment," said Chief Executive Officer David Ferguson.
Current stock price: 172.00 pence
Year-to-date change: up 0.9%
By Arvind Bhunjun; [email protected]
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