Allfunds rises on 'solid' quarterly update

Allfunds

29/10/2025 08:59

** Shares in Allfunds ALLFG.AS rise over 4% after the fund distribution company's Q3 update beat expectations

** Quarterly net flows came 45% above consensus at 32 billion euros ($37.32 billion), while assets under administration beat analyst expectations by 1.4% at 1.685 trillion euros, analysts say

** The update is "solid" and net flows "well ahead", Jefferies says

** "We view this as a constructive print that helps secure FY25 market expectations," the broker adds

** ING deemed the quarterly flows "strong"

** Shares are on track for best day since mid-September, if gains hold

($1 = 0.8575 euros)

 (Reporting by Olivier Cherfan)

 ((olivier.cherfan@thomsonreuters.com))