thewealthnet

Brewin welcomes second quarter of record inflows

News Team, 23/07/2021

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...


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