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AJ Bell platform AUA up 22% in 12 months to £86.5bn
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In its trading update for its financial year ended 30 September, released today (17 October), AJ Bell said gross and net inflows across the platform were «significantly higher» than last year, driven by improved retail investor confidence and investment into the platform. AJ Bell Investments promotes Ryan Hughes to managing director Gross inflows during the 12-month period were £13.1bn, up 41% on 2023's £9.3bn. Net inflows stood at £6.1bn in 2024, up 45% year-on-year, compared with £4.2bn in 2023. The trading update added there had been favourable market movements of £9.5bn, equat...
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