Brooks Macdonald International sees six month 2.8% FUM rise

Mark Battersby
clock • 1 min read

Brooks Macdonald International saw its funds under management rise by 2.8% over the last six months to reach £2.58bn. Organic net new business was also up 0.5% in the latest quarter, alongside strong investment performance, the firm said. Meanwhile, group net flows were up 55% compared to the previous quarter. Chief executive Richard Hughes said: "This has been a strong half year for Brooks Macdonald International, reflective of the momentum we see across the Group. "It is pleasing to see a return to positive net flows for us as well as a rise in our [funds under management] to ...

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