Brooks Macdonald reports record revenue and FUM despite Covid-19 crisis

Embarking on digital transformation

Anna Fedorova
Brooks Macdonald CEO Caroline Connellan

Brooks Macdonald CEO Caroline Connellan

Brooks Macdonald has delivered record revenue of £108.6m during the year to 30 June 2020, and hit funds under management (FUM) of £13.7bn, also a new record for the firm, despite "extremely volatile" market conditions.

The latest FUM figure represents a 4.1% increase on the 2019 year-end figure, while revenue increased 2.7% on last year. This was driven by two acquisitions, including that of Cornelian Asset Managers...

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