Quilter (QLT) Q1 2026 TU earnings summary

Executive summary

• Achieved record quarterly core net inflows exceeding £3 billion for the first time, up 35% year-over-year, representing 9% (annualised) of opening AuMA.

• Group AuMA reached £141.9 billion at 31 March 2026, with net inflows largely offset by adverse market movements due to geopolitical events.

• Recent market recovery post-quarter end led to a meaningful uplift in AuMA from the reported level.

Financial highlights

• Q1 2026 core net inflows: £3.1 billion, up from £2.3 billion in Q1 2025.

• Gross flows for Q1 2026: £6.1 billion, up from £4.9 billion in Q1 2025.

• Reported net inflows: £3.0 billion in Q1 2026 versus £2.2 billion in Q1 2025.

• AuMA increased to £141.9 billion from £119.6 billion year-over-year.

Outlook and guidance

• Management remains optimistic about long-term secular growth opportunities in the UK Wealth market.

• Cautious stance maintained due to ongoing geopolitical uncertainty and market volatility.