Evelyn Partners reached a record level of operating income in the last quarter of 2022, growing to £158.6m from £144.5m in Q4 2021, and totalling £600.8m throughout the year.
The firm credited this rise to "continued strong performance from both the Financial Services and Professional Services businesses". In a trading update, the firm revealed that it had seen £1.4bn in gross inflows throughout the quarter, representing an annualised growth rate of 11.1% on opening assets. Evelyn Partners appoints managing partner from Investec Meanwhile, net inflows in Q4 sat at £625m, with an annualised growth rate of 4.8%. Throughout 2022, Evelyn reported that it had achieve gross inflows of £5.4bn and net inflows of £2.3bn, with the latter representing a 4% grow...
To continue reading this article...
Join Investment Week for free
Signup and gain exclusive members-only insights - all free of charge!
- Unlimited access to real-time news, analysis and opinion from the investment industry, including the Sustainable Hub covering fund news from the ESG space
- Get ahead of regulatory and technological changes affecting fund management
- Important and breaking news stories selected by the editors delivered straight to your inbox each day
- Weekly members-only newsletter with exclusive opinion pieces from leading industry experts
- Be the first to hear about our extensive events schedule and awards programmes
