UK's AJ Bell shares fall after outflows in advised platform segment grow

AJ Bell

23/10/2025 14:27

** Shares of British investment platform AJ Bell  AJBA.L fall as much as 2.8% to 540p, among top losers on FTSE mid 250 .FTMC

** AJBA reported outflows of 1.5 billion pounds ($2.01 billion) at Sept-end in its advised platform segment, resulting in lower sequential net inflows of 0.3 billion pounds

**The company added about 24,000 new customers during the quarter, a slight decrease from previous quarter's 27,000

** Jefferies' analysts say "We understand that higher outflows relate to pension lump sum withdrawals ahead of the budget, and some effect from adviser consolidation"

** YTD, stock has risen 19.56% so far

($1 = 0.7451 pounds)

(Reporting by Tuhina in Bengaluru)

((Tuhina@thomsonreuters.com))