Brooks Macdonald FUM boosted by discretionary offering

2.2% increase in FUM

clock • 1 min read
Funds under management were up more than 2% in the three months to the end of September
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Funds under management were up more than 2% in the three months to the end of September

Brooks Macdonald has reported a 2.2% increase in its funds under management for the first quarter of its financial year, driven by its UKIM discretionary business.

The firm's funds under management hit £16.8bn for the three months to the end of September 2021, according to its latest trading update, with positive net flows of £0.2bn into UKIM discretionary. Within...

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