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Digital wealth manager hits £2.6bn AUM

News Team, 30/08/2023

Digital wealth manager Moneyfarm has grown its assets under management (AUM) to £2.6 billion.

AUM increased by 15 percent year-on-year in the first half of 2023.

The number of active clients also grew 15 percent to 102,000, bringing its total platform users to 650,000.

Additionally, the makeup of these clients has changed.

In the UK, it has grown its female client base by 8.0 percent year-on-year. Now, 32 percent of its clients are female.

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