Brooks Macdonald’s total funds under management (FUM) decreased 3.9 percent in the quarter to 31 March 2022.
In Q3 FUM decreased from £17.33 billion at the start of January to £16.66 billion at 31 March.
This figure remains 1.2 percent higher than the £16.5 billion reported at the start of the financial year (30 June 2021).
The firm attributed this loss to its positive net flows of £0.2 billion being offset by weaker global markets, where pre-existing mac...
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
