Brewin underpinned by strong discretionary flows
Brewin Dolphin has reported a 3.5% increase in discretionary funds to £26.8bn during its third quarter.
Brewin Dolphin has reported a 3.5% increase in discretionary funds to £26.8bn during its third quarter.
European Wealth Group slid to a £1m loss for the 2015 calendar year having recorded a £0.3m loss in 2014.
Charles Stanley reported today it had reduced its total losses to around £300,000 for the year ended 31 March, a significant improvement on the £6.1m loss the previous year.
Tilney Bestinvest has reported profit of £17.6m for the 12 months to 31 December 2015, its first full year since the merger in August 2014.
Undeterred by a sharp drop in pre-tax profits, Brewin Dolphin unveiled plans to expand its discretionary business and said it remains in ‘hiring mode’.
Royal London Asset Management has reported net inflows of £357m, up significantly from the £111m recorded in the first quarter of 2015.
UBS Wealth Management recorded net new money of £11.1bn during the first quarter of the year, the Swiss firm revealed today.
Royal Bank of Scotland shares slid over 2% this morning as the beleaguered bank reported a £968m loss during the first quarter.
Better-than-expected institutional net flows helped push group assets under management to a record £325bn in the first quarter of 2016, Schroders said on Thursday.
Man Group reported net inflows of $500m for the first quarter of 2016, despite its long-only arm struggling under difficult market conditions.
BlackRock’s inflows in the first quarter of 2016 were close to half the amount in the same period a year prior, the firm reported today.
Tesco saw its shares slide over 5% despite reporting a return to profitability after a troubled period.