Brooks Macdonald’s return to positive flows has been solidified with its fifth consecutive quarter of growth.

The wealth manager reported net flows of £280 million or 1.7 percent in the quarter ended 30 June 2022.

Brooks Macdonald said this was offset by declining global markets, resulting in a 5.9 percent fall in the firm’s closing funds under management (FUM) to £15.7 billion from £16.7 billion at the end of March.

During the financial year ended 30 June 2...