Following significant transformation activity over the past three years, Quilter’s integrated strategy of owning distribution, an investment platform, discretionary investment management and multi-asset fund management is performing well, contributing to the strength of new flows into the business. Quilter recorded an adjusted operating pre-tax profit of £110 million, with Assets under Management/Administration (AuMA) of £116.5 billion and a Net Client Cash Flow (NCCF) of £3.0 billion as at 30 June 2018.
The Old Mutual Wealth Platform business now sits within the Wealth Platforms business segment of Quilter plc. In the first half of 2018, the Wealth Platforms segment contributed £83 million in AOP. The consistent profit pattern is evidence that the platform and business model is proven, and that the business has reached scale.
To find out about our performance, please visit our Investor Relations section on quilter.com