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.
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.