Brooks Macdonald suffers Q1 net outflows
But anticipates flows to turn positive in FY24 as a whole
But anticipates flows to turn positive in FY24 as a whole
Despite assets falling to £332.8bn in the six months to the end of June
Key events for UK wealth managers for the week starting 14 August
Investment arm profits have fallen by 66% year-on-year
Luke Ellis to step down as Man Group CEO in September
AUM up 2% despite modest net inflows and ‘muted’ retail investor appetite
Assets under management fell by 10%
Key events for UK wealth managers for the week starting 27 March
‘Weak outlooks from prominent bell-weather companies are a red flag that should not be ignored’
£3.5bn outflows driven by another challenging year for its fixed income funds
Key events for UK wealth managers for the week starting 31 January
Priority now is to complete final rollout of new custody and settlement system