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AJ Bell hits record platform £80.3bn AUA boosted by £1.6bn inflows
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The platform's AUA hit £80.3bn in the three months to 31 March 2024, up 17% over the last year and 5% since the end of 2023. In its quarterly results today (18 April), AJ Bell said the record AUA was bolstered by a 33% increase in net inflows to £1.6bn, up from £1.2bn a year prior. It was also driven by positive market movements over the quarter, which added 3% alone to the AUA growth. DIY investor tests to buy investment trusts on D2C platforms risk worsening sector decline AJ Bell Investments also posted a significant increase in AUM to £5.8bn – up 49% from a year ago and 12% ove...
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