22nd Apr 2026 08:13
(Alliance News) - Quilter PLC reported on Wednesday that it had delivered record net flows despite the Middle East conflict, boosting assets under management & administration.
In a trading statement, the London-based wealth manager said assets under management & administration rose 19% to GBP141.9 billion as at March 31, from GBP119.6 billion at March 31, 2025, and were up 2.6% from GBP138.3 billion at December 31.
Record reported net inflows of GBP3.0 billion were largely offset by market movements due to conflict in the Middle East around the quarter-end.
Core net inflows totalled GBP3.06 billion in the first quarter, up 34% on-year from GBP2.28 billion.
"The recovery in markets in recent weeks has led to a meaningful uplift in AuMA from the end March level," said Quilter, noting that is had demonstrated continued strong momentum across its business.
"I'm really pleased with Quilter's continued momentum in the first quarter of 2026, building upon our very strong end to 2025," Quilter Chief Executive Officer Steven Levin said.
"We are mindful of the current geopolitical uncertainty," Levin said, adding: "Our advice-led philosophy is designed to support customers through all market conditions."
Quilter CEO said the UK wealth market continues to offer "meaningful long-term secular growth opportunities".
Quilter shares rose 4.0% to 187.60 pence on Wednesday morning in London and were flat at ZAR40.15 in Johannesburg.
By Artwell Dlamini, Alliance News senior reporter South Africa
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