'Growth remains at top of our agenda': Brewin's discretionary AUM grows to £34.3bn as inflows climb

Annualised growth rate of 7.7%

Brewin Dolphin's discretionary funds arm saw assets grow to £34.3bn in the half year to 31 March 2018, from £33.8bn at the end of September 2017, as it reported sustained net inflows of £1.3bn for the period.

In a interim management report, it said discretionary funds AUM grew by 1.5% to the £34.3bn figure, which included £200m of net transfers from other services, representing an annualised growth rate of net discretionary funds flow of 7.7%, above the 7.6% reported in the first half of 2017. Investment Conundrums: Brewin Dolphin's Guy Foster on the importance of exploring China The wealth manager also reported net inflows of £400m into its direct discretionary service, while over 17% of direct private client funds now receiving wealth management services, combining Brewin Dolphin's fina...