Brooks Macdonald's funds under management (FUM) grew to £11.7bn in the final quarter of 2017, up 6.8% from £11bn at the end of Q3, as a result of positive portfolio performance and net new inflows.
In an update, the group said performance added £319m to the firm's FUM over the quarter while net new business was reported at £431m. Furthermore, the firm's FUM rose 12.3% over the six months to the...
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Partner Insight: Alex Wright explains how he has honed his value contrarian approach to investing in the Fidelity Special Situations Fund and why the potential to lose money is often lower than in traditional funds