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...
Industry Voice: Investment priorities are changing. More and more people are concerned both with the investment returns they can make on their savings, and whether their money is being managed in a sustainable way.
Targeting cautious investors
Effective from 2 January 2019
Barry O'Dwyer and Campbell Fleming, both senior figures at Standard Life Aberdeen, are to become non-executive directors of Phoenix Group.
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