March 12, 2019 / 7:16 AM / 3 months ago

Quilter says Brexit dents investor appetite, total assets fall

March 12 (Reuters) - British wealth manager Quilter said on Tuesday Britain’s looming exit from the European Union had hurt investor appetite to put new money to work, adding it was cautious on net flows going into 2019.

Quilter also posted a 4 percent fall in total assets to 109.3 billion pounds ($144.37 billion), hurt by a fall in net inflows of new client money, as it announced its maiden set of full-year results as a standalone company. ($1 = 0.7571 pounds) (Reporting by Noor Zainab Hussain in Bengaluru; Editing by Anil D’Silva)

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