08 Mar Q421 – Platforms, the pandemic and Putin
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Despite the pandemic and a difficult two years, the platform industry broke every record going...
Archive
11 Nov Lack of petrol & people drag on platforms in Q3 (plus projections to 2026)
Posted at 15:39h
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After the heady growth and the robust ISA season of the first half of the year, the third quarter of the year was decidedly pedestrian. Stock markets flatlined as oil and labour shortages dragged on economies and depressed consumer sentiment. Despite this, UK platform assets rose by 2.7% to £891.5bn, while gross and net sales dropped back slightly on the previous quarter to £37.8bn and £13.7bn respectively.
12 Aug An Olympic 2nd quarter for the platform industry
Posted at 11:01h
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The UK platform industry followed up a great first quarter of 2021 with a second one of Olympic-style proportions and yet another clutch of records. With restrictions easing and consumers spending more, a robust recovery was to be expected. Markets didn’t disappoint — the FTSE All Share rose by 5% in the three months to June, while platform industry assets grew by 6.5% to £865.8bn.
09 Dec Finscape announces Aegon as latest platform to sign
Posted at 08:30h
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Investment distribution specialist Finscape today announced Aegon as the latest addition to the line-up of platforms supplying distribution data to its recently launched service.
To download the full press release, please click here.
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.
13 Aug Investment platform assets jump in Q2
Posted at 09:05h
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The investment platform industry saw assets jump by 14% in the second quarter of 2020,...
13 Aug ‘Dead cat bounce’ for platforms?
Posted at 08:56h
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Platforms recovered most of the ground lost in the first quarter of the year with...
16 Aug New business on platforms at lowest level in 7 years
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Investor caution saw platforms attract the lowest level of net inflows in seven years in...
16 May Aviva on road to recovery
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Fundscape's analysis of platform performance in the first quarter of 2019 should make for encouraging...
13 May Poor start to 2019 for platforms
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THERE MAY BE PROBLEMS AHEAD…
By the end of March 2019, stock markets had recovered from the severe whipping they’d received in the last quarter of 2018. All major markets were home to stellar growth, with even the FTSE All Share rising by 8.3% despite Brexit concerns. The upturn pushed UK platform assets up 7.3% to £637bn, a vast improvement on Q418, but only £4bn higher than Q318’s closing balance of £633bn. Hargreaves Lansdown, D2C platform and the UK’s largest distributor, moved into pole position as the UK’s largest investment platform.
21 Mar Cofunds loses £8.5bn of assets in 2018
Posted at 09:00h
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The assets on the Cofunds platform fell by £8.5bn in the 2018 calendar year, making...