// Platforms

14 Aug 2017 Platforms go from strength to strength

Q217 Fundscape Platform Press Release

Download press release here.

Momentum continued to build in the platform industry during the second quarter as pension freedom and ISA business drove investment. Market growth was neutral in the second quarter, but assets under administration rose by £19bn (4%) to £539bn, while gross and net sales again climbed to new highs of £34bn and £14.4bn respectively.

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Record-breaking flows for platforms in Q117

12 May 2017 Record-breaking start to the year for platforms

It was a cracking start to the year for the platforms industry with several new highs. Assets under administration rose by £31bn (6%) to £520bn, smashing through the £500bn ceiling, while gross and net sales set new records of £29bn and £13.3bn respectively. This was in marked contrast to the start of 2016 when economic factors and Brexit fears led investors to stay away from investments.

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16 Nov 2016 Press release – Platform sales plummet in third quarter of 2016

Download the full press release here.

Following the EU referendum, the FTSE 100 and the FTSE All-Share indices rocketed by 6% and 7% in the third quarter of the year, on top of the growth already experienced in late June. Against this backdrop, according to the Fundscape Platform Report, platform assets rose 9% from £432bn to £469bn by end September 2016.  Since the start of the year, UK platform industry assets have increased by £67bn, an increase of 17%.

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