11 Aug The heat is on – the platform industry in H122
Posted at 07:30h
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Thermometers are red hot this week as the UK lives through yet another heatwave and...
Archive
08 Feb The platform industry breaks all records in 2021
Posted at 15:39h
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We’re unable to publish individual platform data until the last publicly listed platform has reported its results on 9th March 2022. As a result, here is the first of two press releases for Q421/2021 platform data1. This press release reviews the significant growth in assets and flows at a market level in 2021.
10 Mar The year ends on a high for the platform industry
Posted at 09:30h
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After a year unlike any other in recent history, the fourth quarter was home to an unexpected and welcome upturn in fortunes and the first shoots of optimism for 2021 for the platform industry. Stock markets surged in November with the FTSE All Share index rising by 12.4% in the month, on the back of Covid19 vaccine approvals and Joe Biden winning the US presidential elections. This resulted in industry assets expanding by 7.6% in the fourth quarter to £785bn. To provide some context, annual growth was just £65bn, or 9%.
29 Oct Platform sales plummet in third quarter – Q320 press release
Posted at 12:04h
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It was a tough quarter for the UK platform industry. Assets rose by just 2.5% to £730.2bn and sales slowed to little more than a trickle.
To download the full press release click here.
13 Aug Platforms return to form (dead cat bounce or road to recovery?) Q220 press release
Posted at 10:19h
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The FTSE All Share index is down 19% for the year to date, but the broader MSCI World rebounded and is down just 6%. The platform industry followed its cue, assets jumping by 14% this quarter and recovering most of the ground lost in Q1.
To download the full press release click here.
14 May The calm before the storm – Q120 platform press release
Posted at 12:00h
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A high viral load sent stock markets around the world into shock in March. As a result, there was a collective contraction in platform assets of £78bn to £633bn, an 11% drop, although this was considerably better than the ~ 25% fall suffered by stock markets worldwide.
16 Mar Leading platforms in 2019
Posted at 13:52h
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This is the second press release on the platform industry in 2019. The February press release covered platform industry highlights for 2019. this press release is about individual platform performance.
13 Nov Platform sales slump in summer of uncertainty
Posted at 08:00h
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Stock markets yoyoed and closed the third quarterly in roughly the same place as they started thanks to geopolitical concerns at home and abroad. In the UK, the third quarter kicked off with the appointment of hardline Brexiteer, Boris Johnson, as party leader and Prime Minister.
21 Aug Lord Digby Jones at PA360 North
Posted at 10:00h
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The former minister of state for trade & investment Lord Digby Jones will present the...
12 May Record-breaking start to the year for platforms
Posted at 11:45h
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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.