Brooks Macdonald recorded net flows of £0.2 billion in Q1 2022, despite volatile financial markets.
However, the decline in global markets in the three months to 30 September offset the net flows and resulted a 0.9 percent decrease in the firm’s closing funds under management (FUM).
FUM decreased from £15.7 billion at the end of June to £15.5 billion at the end of September.
Brooks Macdonald said that while the pipeline for 2023 remains robust, market c...
Start a free trial now for access to breaking news and cutting edge analysis of the wealth management industry.
You are currently not logged in,
login to view the full article
start by clicking this button.
Need a subscription,
fill out the form here or
contact subs@thewealthnet.com
PAM Insight is the world’s leading independent provider of essential specialist news, analysis and comparative data for the fast-evolving world of wealth management.
Read more about PAM
