Quilter net inflows rise as market volatility lifts advice demand
Geopolitical tensions and volatile bond markets are increasing demand for financial advice among wealthier investors in the UK. Against that backdrop, Quilter says third-quarter net inflows grow as client trading activity strengthens and affluent customers seek support in turbulent conditions.
Highlights
- Quilter reports core net inflows of £2.9 billion for Q3 2023, up from £2.2 billion a year earlier, driven by market volatility and increased advice demand.
- Net inflows from high-net-worth clients rise 35% year-on-year as geopolitical uncertainty and the global bond market rout boost demand for financial advisers.
- Assets under management and administration climb 19% year-on-year to £160.5 billion, indicating ongoing growth in Quilter's platform and broader wealth business engagement.
Third-quarter inflows and client activity
As reported by Reuters, Quilter reports core net inflows of £2.9 billion for the three months ended September 30, up from £2.2 billion a year earlier. The British asset manager says geopolitical uncertainty and unpredictable markets are driving more clients to seek advice, while heavier trading activity also supports flows.Quilter, which serves affluent customers, says heightened uncertainty linked to the Iran war and a global bond market rout is increasing demand for financial advisers. High-net-worth net inflows increase 35% from a year earlier, indicating stronger momentum in its wealth business during the quarter.
Assets growth and wealth sector implications
Assets under management and administration increase 19% from a year earlier to £160.5 billion. The rise reflects both stronger client inflows and broader engagement with Quilter's platform, which combines financial advice with investment services.The update points to a wider benefit for wealth managers when market turbulence pushes clients toward professional advice and more active portfolio decisions. For UK firms focused on affluent and high-net-worth investors, that environment can support both net inflows and asset growth even as broader markets remain unsettled.
Geopolitical tensions and elevated fiscal spending in a higher-rate environment were previously examined by our publication as a growing risk for sovereign borrowers. We noted that persistent shocks can lift inflation via higher energy and food costs, tighten refinancing conditions, and leave emerging and frontier markets especially exposed due to heavier debt-service burdens and narrower revenue bases.
Latest Wealth Leaders News
-
Afghanistan
-
Albania
-
Algeria
-
Angola
-
Argentina
-
Armenia
-
Australia
-
Austria
-
Azerbaijan
-
Bahamas
-
Bahrain
-
Bangladesh
-
Belarus
-
Belgium
-
Bolivia
-
Botswana
-
Brazil
-
Brunei
-
Bulgaria
-
Cambodia
-
Cameroon
-
Canada
-
Chile
-
China
-
Colombia
-
Congo
-
Costa Rica
-
Cote d'Ivoire
-
Croatia
-
Cuba
-
Cyprus
-
Czechia
-
DR Congo
-
Denmark
-
Dominican Republic
-
Ecuador
-
Egypt
-
El Salvador
-
Estonia
-
Eswatini
-
Ethiopia
-
Finland
-
France
-
Georgia
-
Germany
-
Ghana
-
Greece
-
Haiti
-
Hong Kong
-
Hungary
-
India
-
Indonesia
-
Iran, Islamic republic
-
Iraq
-
Ireland
-
Israel
-
Italy
-
Jamaica
-
Japan
-
Jordan
-
Kazakhstan
-
Kenya
-
Korea
-
Kuwait
-
Kyrgyzstan
-
Laos
-
Latvia
-
Lebanon
-
Lesotho
-
Libya
-
Lithuania
-
Luxembourg
-
Madagascar
-
Malaysia
-
Malta
-
Mauritius
-
Mexico
-
Moldova
-
Mongolia
-
Montenegro
-
Morocco
-
Mozambique
-
Myanmar
-
Namibia
-
Nepal
-
Netherlands
-
New Zealand
-
Nigeria
-
North Macedonia
-
Norway
-
Oman
-
Pakistan
-
Palestine
-
Panama
-
Papua New Guinea
-
Paraguay
-
Peru
-
Philippines
-
Poland
-
Portugal
-
Puerto Rico
-
Qatar
-
Reunion
-
Romania
-
Rwanda
-
Saudi Arabia
-
Serbia
-
Singapore
-
Slovakia
-
Slovenia
-
Somalia
-
South Africa
-
Spain
-
Sri Lanka
-
Sweden
-
Switzerland
-
Syria
-
Taiwan
-
Tajikistan
-
Tanzania
-
Thailand
-
Trinidad and Tobago
-
Tunisia
-
Turkey
-
UAE
-
Uganda
-
Ukraine
-
United Kingdom
-
United States
-
Uruguay
-
Uzbekistan
-
Venezuela
-
Vietnam
-
Yemen
-
Zambia
-
Zimbabwe
- Forex
- Crypto
