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Evelyn Partners hits record £61.8bn AUMA despite slowing net inflows
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investmentweek.co.ukIn a trading update published today (14 May), the wealth manager posted a 4.6% increase in AUMA in the three months to 31 March, up from £59.1bn at the end of 2023, largely aided by new business and positive market movements. Net inflows into the business significantly decreased compared to a year earlier however, dropping to £300m from £700m in the first quarter of 2024, primarily due to increased redemptions. Evelyn Partners nets record £3.1bn inflows in 2023 as assets reach all-time high Group operating income increased by 9.5% over the three-month period to £178m, with growth a...
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