AFH adviser recruitment up but inflows hit by pandemic

AFH said ongoing management fees had remained at anticipated levels during the summer but client inflows were still being affected by the pandemic. It added they had increased in the last six months and outflows of clients' funds during the second half of the year remained at a similar level to previous periods. The update covered the period to 31 October this year and comes ahead of its full-year results set to be released on 18 January 2021. The update said: "Trading continues both in line with management expectations. Staff and clients have continued to adapt well to the revised wo...