April 22 (Reuters) - British wealth manager Quilter on Wednesday said it recorded first‑quarter inflows of 3.1 billion pounds ($4.19 billion) driven by steady demand from its wealthy clients and the
UK's Quilter posts record first-quarter inflows amid market recovery
Quilter Achieves Record Inflows Despite Market Volatility
Strong First-Quarter Performance
April 22 (Reuters) - British wealth manager Quilter on Wednesday reported record first‑quarter inflows of 3.1 billion pounds ($4.19 billion), aided by steady client demand and a recent market recovery, largely offsetting the impact of tensions in the Middle East.
Impact of Middle East Tensions
The Middle East war has driven investors to seek more active financial advice, boosting demand for wealth management services and supporting net inflows at firms such as Quilter, as clients look for reassurance and selective investment opportunities.
Comparison with Industry Rivals
Liontrust Asset Management's Performance
In contrast, rival Liontrust Asset Management on Wednesday posted net outflows of 836 million pounds for the three months ended March 31, above expectations of 707 million pounds, according to RBC Capital Markets analysts.
Market Volatility and Fund Manager Vulnerability
Robust adviser and platform demand have shielded Quilter from Iran war-driven market volatility, but specialized active fund managers like Liontrust are more vulnerable to shifting investor allocations during unsettled markets.
Assets Under Management and Market Reaction
Quilter and Liontrust Asset Figures
London-headquartered Quilter's March-end assets stood at 141.9 billion pounds, broadly similar to the 141.2 billion pounds reported for the year ended December 31, 2025.
Liontrust's managed assets stood at 20.8 billion pounds as at April 20.
Share Price Movement
Shares of Quilter and Liontrust were up 4.8% and 2%, respectively, as of 0704 GMT.
(Reporting by Rishab Shaju in Bengaluru; Editing by Sherry Jacob-Phillips and Sonia Cheema)
