Brooks Macdonald adds further £5.5m to Spearpoint legacy pot; FUM climbs 25.8%

Chris Macdonald steps down from board

Natalie Kenway
clock • 4 min read

Aim-listed Brooks Macdonald has reported a 25.8% year-on-year increase in total discretionary funds under management (FUM), reaching £11.7bn at 31 December 2017, but said statutory profits fell due to a £5.5m increase in the provision for resolving its Spearpoint legacy matters.

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