Quilter reports strong first quarter core net inflows, up 181%

Quilter PLC (JSE:QLTE) announced strong first-quarter 2025 results, highlighting a significant increase in core net inflows. Group AuMA stood at £119.6 billion at the end of March, broadly unchanged from the year-end, as market declines and Sterling appreciation offset positive net inflows. Core net inflows reached £2,276 million, a substantial rise from Q1 2024's £810 million. The affluent segment drove growth, with gross inflows up 42% to £4,190 million and net inflows up 179% to £2,198 million. Platform flows also saw robust growth, with a 15% increase year-on-year and IFA channel net inflows significantly higher. Annualised gross sales per Quilter Adviser reached £3.4 million. While market volatility is expected to provide a headwind to 2025 revenues and profitability, Quilter remains confident in its strategic initiatives and the long-term growth opportunity in the UK wealth market.