British stockbroker AJ Bell has registered a rise in net inflows and customer numbers though the market turbulence caused by the Covid-19 pandemic hit assets under administration (AuA).
The firm revealed this in a Q2 update representing the three-month period ending 31 March 2020.
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AJ Bell reported AuA of £48.3bn as of 31 March 2020, versus £54.7bn at December-end 2019.
The performance was affected by market movements of -£7.7bn.
On a year-on-year basis, AuA rose by 1%.
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