Brooks Macdonald FUM declines in first quarter of 2022

Down 3.9% compared to December 2021

clock • 1 min read

Funds under management (FUM) at Brooks Macdonald declined 3.9% in the third quarter to 31 March 2022, closing the period at £16.7bn, down from £17.3bn at 31 December 2021.

According to the firm, this was due to the exacerbation of pre-existing macroeconomic difficulties by war in Ukraine. Positive net flows continued over the quarter at the group, however, ending the period at £0.2bn, in line with annualised net flows of 4.1%. FUM within its bespoke portfolio service (BPS) declined from £9.8m at January 1 2022, to £9.3m at March 31 2022. Managed portfolio assets increased from £2.8m to £2.9m. Funds across its DCF, UKIM, and International fund services declined over the quarter. "This has been a solid quarter for Brooks Macdonald, despite the volat...

To continue reading this article...

Join Professional Adviser for free

  • Unlimited access to real-time news, industry insights and market intelligence
  • Stay ahead of the curve with spotlights on emerging trends and technologies
  • Receive breaking news stories straight to your inbox in the daily newsletters
  • Make smart business decisions with the latest developments in regulation, investing retirement and protection
  • Members-only access to the editor’s weekly Friday commentary
  • Be the first to hear about our events and awards programmes

Join

 

Already a Professional Adviser member?

Login

More on Investment

Investors 'do not understand' implications of private markets investing

Investors 'do not understand' implications of private markets investing

House of Lords Financial Services Regulation Committee looked at the issues

Linus Uhlig
clock 09 July 2025 • 1 min read
NextWealth MD Hopkins on staying ahead of advice sector changes, data challenges and flattening MPS fees

NextWealth MD Hopkins on staying ahead of advice sector changes, data challenges and flattening MPS fees

Making technology work better

Katrina Lloyd
clock 03 July 2025 • 9 min read
Winds of change: Private markets access for retail investors

Winds of change: Private markets access for retail investors

Investing in LTAFs, accessibility aside, needs careful consideration

Dorian Hughes
clock 02 July 2025 • 5 min read