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CBAM inflows at 5.4pc despite reduced client contact

News Team, 21/01/2021

Adrian Sainsbury

Close Brothers Asset Management (CBAM) generated annualised net inflows of 5.4 percent in the five months to 31 December, it revealed in a scheduled trading update today.

This was “despite the reduced face-to-face interaction with clients arising from Covid-19,” the update said.

Managed assets increased to £13.9 billion (31 July 2020: £12.6 billion) and total client assets increased to £15.0 billion (31 July...


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