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Brooks Macdonald International's funds under management top £2.5bn

Brooks Macdonald International's funds under management top £2.5bn

Thursday 20 January 2022

Brooks Macdonald International's funds under management top £2.5bn

Thursday 20 January 2022


Brooks Macdonald's International business saw its funds under management increase by 2.8% over the last six months, reaching £2.58bn.

The wing of the business has offices in Jersey, Guernsey and the Isle of Man.

Organic net new business was also up 0.5% in the latest quarter, accompanied by a strong investment performance, the firm said.

Meanwhile, group net flows were up 55% compared to the prior quarter.

“This has been a strong half year for Brooks Macdonald International, reflective of the momentum we see across the Group," CEO Richard Hughes commented.

"It is pleasing to see a return to positive net flows for us as well as a rise in our [funds under management] to reach a new record level, in a period which was made particularly significant by the launch of our new Isle of Man office as part of our future growth strategy."  

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