Utmost International's total gross sales for the year were £4.8bn, a 50% increase on the pro-forma gross sales of £3.2bn in 2020, it said in a financial statement today 4 February. Its assets under administration grew to £55.9bn at YE 2021, an increase of 9% from YE 2020, supported by strong net flows and positive market movements. The Quilter International acquisition completed on 30 November 2021, which added AUA of £24.1bn at YE 2021 to the existing Utmost International AUA of £31.8bn. Net flows were £1.5bn in 2021, a marked increase from the prior year which saw approximately e...
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