Transact Archives - Page 4 of 6

10 Mar The year ends on a high for the platform industry

Posted at 09:30h in

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%.

13 Aug Platforms return to form (dead cat bounce or road to recovery?) Q220 press release

Posted at 10:19h in

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 in

The investment platform industry saw assets jump by 14% in the second quarter of 2020,...

14 May The calm before the storm – Q120 platform press release

Posted at 12:00h in

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.