Brooks Macdonald FUM declines in first quarter of 2022

Down 3.9% compared to December 2021

clock • 1 min read
FUM closed the period at £16.7bn.
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FUM closed the period at £16.7bn.

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...

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