- Investment platform AJ Bell reported a rise in assets under administration as platform customers jumped 19%.

For the financial year ended 30 September 2019, assets under administration was up 13% to £52.3bn as customer numbers increased by 17% to 232,066. In comparison, the FTSE All-Share index decreased by 2% over the year.

The results were driven by the platform business, which saw assets under administration increased by 16% over the year to £44.9bn as customers jumped 19% to 218,169 in the year, the company said.

DISCLAIMER: AJ Bell, referenced in this article, is the owner of Stock Market Wire.

At 8:01am: [LON:AJB] share price was +8p at 379p

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