Brooks Macdonald's international arm sees 'sharp reduction in net outflows'

clock • 2 min read
Brooks Macdonald's international arm sees 'sharp reduction in net outflows'

Brooks Macdonald's international business saw a sharp reduction in net outflows during the three months to 30 September 2021, with a "return to positive net flows expected from Q2". In its latest funds update today (14 October) for Q1 of its financial year, total Group funds under management (FUM) at the end of September reached £16.8bn (30 June 2021: £16.5bn), an overall increase of 2.2% in the quarter. This reflected continued positive net flows, in line with the guidance given at t...

To continue reading this article...

Join International Investment

Join International Investment today

Unlock members-only benefits:

  • Unlimited access to real-time news, industry insights, video features and market intelligence
  • Stay ahead of the curve with spotlights on international financial centres, regional trends international advice and global industry leaders
  • Receive breaking news stories straight to your inbox in the daily newsletters
  • Hear the latest cross jurisdictional developments in wealth planning, tax, regulation, investing, retirement and protection
  • Members-only access to the Editor’s weekly news roundup newsletter
  • Members-only access to analysis via our exclusive industry polls
  • Be the first to hear about our events and awards programmes

Join now

 

Already a International Investment member?

Login