Brooks Macdonald FUM up

Brooks Macdonald Group’s discretionary funds under management totalled £8.922 billion at the end of September, an increase of 7.5% in the quarter (30 June 2016: £8.301 billion).

This represents all the discretionary funds managed by the Group (Asset Management, Funds and International) and this growth was a combination of performance (£451m) and net new business (£170m).

As a comparison the WMA balanced index increased by 5.2% over the quarter.

At 9:41am: (LON:BRK) Brooks Macdonald Group PLC share price was +9p at 1769p

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