Aberdeen ‘making good progress’ as AUMA up 6% – Daily Business

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Aberdeen’s figures have improved (pic: Terry Murden)

Aberdeen Group has posted a 6% rise in assets under management and administration to £542.4 billion from £511.1bn at the end of 2024.

Its DIY platform Interactive investor saw continued momentum, with total customers up 14% year-on-year to 492,000 and Q3 net flows of £1.9bn, a 58% increase year-on-year.

Adviser net outflows improved by 50% to £0.5bn. Investments AUM reached £382.3 billion, a 3% year-to-date increase, while net outflows were £1.8bn, 49% lower than Q3 last year.

The company said it is on track to deliver annualised savings of at least £150 million by the end of the year.

Jason Windsor, chief executive, said: “Over the last quarter we have made good progress against the plan we set out in March. Net flows and other key operational metrics improved year-on-year, with increased Group AUMA benefiting from positive markets.

“interactive investor has maintained its excellent growth, with transfers and trading activity at record levels and net inflows 58% higher year-on-year. Increasing brand awareness and a range of innovative new products launching soon mean the business is very well positioned to sustain its growth momentum.

“In Adviser, customer service has again improved, with net outflows in the quarter 50% better year-on-year. Our focus remains on returning to growth and achieving our 2026 net flows target.

“In Investments, AUM has benefited from positive markets as well as net inflows in quants, alternatives and our targeted growth areas of fixed income and real assets. Net flows for equities remain challenging, despite a significant improvement compared to previous trends.

“Looking ahead, we are confident in our prospects as a Wealth & Investments Group, with the growth potential across all three of our businesses reflected in our 2026 targets.”

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