Hargreaves Lansdown hikes AuM to?67.6bn

Hargreaves Lansdown said its Assets Under Administration (AUA) rose by £5.9bn to a record £67.6bn in the period July 1 to Oct. 12.

It posted record net quarterly revenue of £90.6m, up 15%, and net new business inflows of £1.11bn, down down 22%.

Total active client numbers rose 20,000, down 17% on Q1 2016. Total client numbers now stood at 856,000, from 836,000 at June 30.

Client initiated share deals of 1,031,000 were recorded in the quarter, up 49%.