Brewin Dolphin has experienced another quarter of record gross inflows, bringing in £1.3 billion in discretionary assets in the three months to 30 June – 70 percent of which came from new clients.
Net flows were £0.7 billion, representing annualised growth of 6.1 percent, while total funds increased by 6.5 percent to £56.0 billion in the quarter (Q2 2021: £52.6 billion).
Discretionary funds were up 6.6 percent to £48.7 billion (Q2 2021: £45.7 billion) supported by continued strong net flows and improved investment performance of 5.0 percent in the quarter.
Robin Beer, chief executive, said: "Strong fun...