Half Year Results 

Nucleus net inflows plummet

Nucleus net inflows plummet

Ongoing economic uncertainty and market volatility continued to take a toll on Nucleus Financial (NUC) in the first half of 2019. The online platform for financial advisers saw assets under management increase by 7 per cent to £15.3bn, but that was primarily thanks to market gains of £1.2bn. Net inflows of £246m were down two-thirds on the same time in the prior year, as circumspection among advisers' clients abounded and consolidation within the industry exacerbated outflows. 

To continue reading, subscribe today

and enjoy unlimited access to the following:

  • Tips of the Week
  • Funds coverage
  • Weekly features on big investment themes
  • Trading ideas
  • Comprehensive companies coverage
  • Economic analysis
Subscribe to Investors Chronicle

Subscribe today

Full access for just £3.37 a week:

• Tips and recommendations - to beat the market 
• Portfolio clinic & Mr Bearbull - build a well-planned portfolio 
• Expert tools - track and manage investments effortlessly
• Plus free delivery to your home or office

Subscribe Now