April 17, 2019 / 6:06 AM / 3 months ago

BRIEF-Quilter Q1 assets up 5.1 pct to 114.9 bln stg

April 17 (Reuters) - Quilter PLC:

* SAYS Q1 NET CLIENT CASH FLOW (NCCF) OF £0.5 BILLION, EXCLUDING QUILTER LIFE ASSURANCE (Q4 2018: £0.6 BILLION).

* SAYS AUMA OF £114.9 BILLION (+5.1% FROM 31 DECEMBER 2018) SUPPORTED BY MARKET PERFORMANCE.

* SAYS INTEGRATED NET FLOWS OF £0.6 BILLION CONTINUING TO DEMONSTRATE ROBUSTNESS OF QUILTER BUSINESS MODEL

* SAYS OUTFLOWS OF £0.9 BILLION WITHIN QUILTER LIFE ASSURANCE INCLUDED £0.6 BILLION IN RESPECT OF DELIBERATE RUN-OFF OF INSTITUTIONAL BOOK.

* SAYS LIGHTHOUSE ACQUISITION CONTINUES TO BE EXPECTED TOWARDS END OF Q2

* SAYS NET CLIENT CASH FLOWS HAVE CONTINUED TO BE AFFECTED BY CHALLENGING MARKETS. HOWEVER, WE CONTINUE TO BE ENCOURAGED BY RESILIENCE OF INTEGRATED FLOWS WHICH HAVE REMAINED ROBUST DURING THIS PERIOD Source text for Eikon: Further company coverage: (Reporting By Simon Jessop)

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