AJ Bell posts 22% AUA increase despite ‘unhelpful’ Budget uncertainty
AJ Bell’s investments arm saw £1.5bn net inflows in the year to 30 September
AJ Bell’s investments arm saw £1.5bn net inflows in the year to 30 September
‘We are redefining our strategy to reignite growth’, incoming CEO Andrea Montague said in the firm’s annual results
Cash also fell 82% as the company’s debts rose to £0.6m
Portfolio Adviser speaks with CEO Joseph Pinto following the publication of the firm’s results last week
Trust appointed Marylebone Partners as investment manager in January
Underlying profits dropped to £30.3m from £34.5m for the year to 30 June
Group AUM jumps to £352bn despite ‘challenging’ environment for retail business
World’s largest pension fund helps group’s assets under management hit £1.2trn
‘The next stage for Openwork is to be able to produce that pricing power’
CEO describes market outlook as positive for ‘better quality advisers’
Redemptions overshadow record year for alternatives
Redemptions at the asset manager are up 7%