UK's Quilter secures 1Q inflows and promises dividend

UK's Quilter secures 1Q inflows and promises dividend

Quilter saw its assets under management and administration (AuMA) slipped to £95.3bn during the first quarter of 2020, 8% lower than 1Q2019 as negative market movements more than offset positive net inflows. In a trading statement published this morning, Quilter said it had seen net inflows of £500m in the three months to 31 March, the same number as in the corresponding quarter in 2019, despite plunging markets. CEO Paul Feeney (pictured) said that while lower AuMA levels would hit rev...

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