Edinburgh-based investment giant Aberdeen Group plc said on Wednesday its assets under management and administration (AUMA) “recovered strongly” from outflows in the first quarter to rise to £573 billion at market close on April 17.

Aberdeen Group reported a “robust group performance in Q1 despite market headwinds, with particular strength in interactive investor.”

The group reported AUMA of £547.7 billion at March 31, down from £556 billion at December 31, “with movements in the quarter reflecting the divestment of the financial planning business, lower markets, and net outflows of £(2.9)bn.”

But in its outlook, Aberdeen Group said: “Asset levels continue to reflect volatile markets; we estimate Group AUMA as at market close on 17 April of c.£573bn, having recovered strongly to above the position as at 31 December 2025 and 31 March 2026.”

Aberdeen reported: “Continued strong growth in interactive investor, with total customers up 14% year-on-year to 513k and a record quarter for both net inflows at £3.0bn and daily average retail trades (DARTs) at 35k.

“Adviser net outflows of £(0.6)bn with higher gross inflows and improvement in MPS. New CEO appointed to drive return to growth.

“Investments AUM of £383.4bn, lower than Q4, principally reflecting the previously announced c.£4bn lower margin equities withdrawals and adverse market movements, partly offset by continued net inflows into fixed income.”

Aberdeen added: “As set out at the Full Year results, we are firmly committed to the delivery of our FY2026 Group targets of adjusted operating profit of at least £300m and net capital generation of c.£300m.

“With a market-leading customer proposition in ii, leveraging structural tailwinds in the UK Wealth market, the Group is well positioned to grow and take advantage of its improved cost structure and very strong capital position.”

Aberdeen Group CEO Jason Windsor said: “We continued to deliver against our strategy in Q1, despite the backdrop of heightened geopolitical and market uncertainty.

“interactive investor delivered a record quarter across a range of key metrics – supported by continued strong growth in SIPP customers. Net inflows of £3.0bn were 88% higher than Q1 last year, with customer numbers up 14% year-on-year.

“In Adviser, we have seen an increase in gross inflows and we continue to reposition the business for a return to sustainable growth. Rich Denning has been appointed as our new Adviser CEO and we are bringing key service teams back in-house to streamline the client experience.

“In Investments, performance in the quarter was largely as expected, despite geopolitical uncertainty. Outflows were mainly driven by anticipated redemptions, while we recorded progress in fixed income, real assets, and in our emerging market franchise. We have stronger investment performance and growing confidence in our pipeline.

“Looking ahead, we remain focused on delivery of our 2026 targets, while supporting customers through ongoing market uncertainty.”