Market bounce boosts Transact funds under direction
FUD was up 4% for the quarter but remains below the £54.5bn recorded a year ago
FUD was up 4% for the quarter but remains below the £54.5bn recorded a year ago
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Integrafin also irked shareholders with its lack of diversity
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The platform’s funds under direction hit £46.9bn on the back of strong inflows
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Platform adds £2.9bn of assets in Q4 from positive equity markets
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Financial advice firm sees assets slide 4% over the quarter while Quilter sustains 14% AUM hit
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Interim chairman Christopher Munro to step back later this year
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Diversified funds under direction provide protection for the adviser platform
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Recently-listed Integrafin announces two appointments
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Integrafin chairman Patrick Snowball has stepped down from the Transact parent to join Provident Financial.
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Transact’s total funds hit £32bn over its third quarter reporting period despite seeing higher outflows.
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Integrafin, the parent company of investment platform Transact, has been admitted to the London Stock Exchange’s main market for listed securities.
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