thewealthnet

Robo-adviser maintains growth with strong H1 results

News Team, 26/08/2021

Digital wealth manager Moneyfarm has reported a 91 percent increase in net inflows in H1 2021 figures as the company continues to grow.

Assets under management (AUM) grew by 50 percent to reach £1.6 billion.

The number of new customers grew by 80 percent, bringing total clients to over 60,000.

Younger generations looked to get more involved in investing, as the number of millennials investing with Moneyfarm increased by 37 percent.

There was also a ...


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