Brooks Macdonald (GB:BRK) has released an update.
Brooks Macdonald Group PLC has announced a positive year-end update, reporting funds under management (FUM) growth to £18.0 billion, a 7.0% increase over the financial year. Despite experiencing net outflows, the company’s strong investment performance and the highest quarterly gross inflows of the year contributed to the overall FUM rise. The company’s full year results, anticipated to align with market expectations, will be released on September 12, 2024.
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