09 Mar Q422/2022: Good times will return – just not yet
Posted at 08:00h
in
2022 was a tough year for platforms and the final quarter of the year was no exception. Investor sentiment has been battered by a seemingly endless succession of bad news including the squeeze on living standards brought on by inflation, higher taxes, energy prices and the war in Ukraine. All this means customers and new flows are hard to come by and business levels are down. Stock market volatility meant most platforms closed the year with lower assets than they started with.