Asset managers report on their successes and failures during the second quarter of 2021.
AJ Bell AJ Bell took in total net inflows of £1.8bn during the three months to 30 June, with its total assets under administration (AUA) increasing to £70.4bn, thanks in part to strong growth in customer numbers. In the three-month period, the investment platform increased its total customer numbers to 368,033, a 6% increase during the quarter and 30% over the past year. Both advised and D2C platform customers also continued growing, with a total of 21,023 new customers added in three months. The total AUA marked an increase of 8% over the quarter, helped by a 9% rise in platform...
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