10th Jul 2025 21:54
Brooks Macdonald Group PLC - London-based wealth manager - Says funds under management and advice rose to GBP19.2 billion in the three months to June 30, the financial fourth quarter, from GBP16.4 billion a year prior, and from GBP18.6 billion a quarter prior. Funds under management increased to GBP16.6 billion from GBP16.0 billion at March 31. Advised only assets were GBP2.6 billion, up slightly from GBP2.5 billion quarter-on-quarter. Fourth quarter net outflows of GBP5 million represent a significant improvement versus third quarter net outflows of GBP129 million and the best quarterly performance in two years, the company says. Overall, the board anticipates the full year performance to be in line with market expectations. Read More
