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(Sharecast News) - Second quarter assets under administration at investment platform AJ Bell fell 12% as markets plunged due to the Covid-19 pandemic.
The fall in AUA offset a 9% rise in customer numbers to 262,179. Platform underlying net inflows, representing organic growth in the quarter, increased by 75% over the prior year to ?1.4bn, and AUA closed at ?42.0bn, up 3% over the last year and down 11% in the quarter.
Platform underlying net inflows, representing organic growth in the quarter, increased by 75% over the prior year to ?1.4bn.
12 Dec 2023 16:55
LONDON MARKET CLOSE: Europe rally loses steam as focus turns to Fed
(Alliance News) - London's FTSE 100 spent most of the day solidly in the green, and the CAC 40 in Paris spiked to a record high, though Tuesday's rally waned and signs of caution emerged again ahead of a trio of central bank decisions.
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