(Alliance News) - Brooks Macdonald Group PLC reported on Thursday a fall in interim revenue and profit, although funds under management proved resilient, edging higher. Read More
Brooks Macdonald Group PLC - London-based investment management services provider - Chair Alan Carruthers resigns from board with immediate effect following a series of "unfortunate health issues", in order to recuperate fully. Senior Independent Director Richard Price takes over as acting chair. Read More
Brooks Macdonald Group PLC - London-based investment management services provider - Says Chief Financial Officer Ben Thorpe intends to leave the company "in due course" and will leave the board immediately. Says a search is under way for a replacement. Thorpe joined as finance director in August 2018. Read More
Brooks Macdonald Group PLC - London-based investment management services provider - Funds under management at the end of financial second quarter to December 31 total GBP16.23 billion, up 4.6% from GBP15.52 billion at the start of the quarter on October 1. This includes net inflows of around GBP200 million, "reflecting continued momentum in new business", plus positive investment performance of GBP500 million. Says second-quarter investment performance of positive 3.5% is in line with benchmark MSCI PIMFA Private Investor Balanced Index. Read More
Brooks Macdonald Group PLC - London-based investment manager - Funds under management ends September 30 at GBP15.52 billion, slipping from GBP15.67 billion at June 30. Records GBP191 million organic net new business in three-month period, its first quarter, but investment performance wipes GBP334 million off total funds. Read More
Brooks Macdonald Group PLC - London-based investment manager - Says funds under management at June 30, its financial year-end, drop 5.9% to GBP15.7 billion from GBP16.7 billion at the end of March. Records GBP800 million in positive net flows for the year, an upswing of GBP1.1 billion from net flows the year prior. However, this was offset by the market downturn, leading to the drop in FuM. Results for the year will be released on September 15. Read More
(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Thursday and Wednesday and not separately reported by Alliance News: Read More
(Alliance News) - Stocks in London ended lower on Thursday amid doubts about the prospects for a meaningful peace accord between Russia and Ukraine. Read More