Investment performance underpins quarterly growth for Brooks Macdonald
17th Apr 2024 08:50
(Sharecast News) - Brooks Macdonald updated the market on its funds under management on Wednesday, reported a closing figure of £17.9bn at the end of March, marking a 2% increase from 31 December.
Read moreBrooks Macdonald underlying profit rises, international business falls short
7th Mar 2024 10:53
(Sharecast News) - Brooks Macdonald reported a strong first-half performance on Thursday, as its underlying profit before tax rose 18% to £17.1m, with its underlying profit margin climbing to 26.9%, although it did flag struggles in its international operations.
Read moreMacro uncertainties lead to net outflows for Brooks Macdonald
17th Jan 2024 14:12
(Sharecast News) - Brooks Macdonald said in an update on Wednesday that it saw robust gross inflows of £0.6bn in the December quarter, marking a 1.5% increase from the prior quarter and equating to an annualised rate of 14%.
Read moreBrooks Macdonald appoints new chairman
27th Nov 2023 12:11
(Sharecast News) - Investment manager Brooks Macdonald Group announced the appointment of Maarten Slendebroek as its new chairman on Monday, pending regulatory approval, along with his immediate appointment as a non-executive director.
Read moreBrooks Macdonald to axe 55 jobs in cost-cutting drive
31st Oct 2023 09:01
(Sharecast News) - Investment manager Brooks Macdonald said on Tuesday that it plans to axe around 55 roles as it looks to cut costs.
Read moreBrooks Macdonald said to have lined up defence adviser amid takeover interest
13th Oct 2023 09:50
(Sharecast News) - Wealth manager Brooks Macdonald is reportedly working with a defence adviser on its strategy amid takeover interest.
Read moreBrooks Macdonald reports modest rise in funds under management
12th Oct 2023 12:43
(Sharecast News) - Brooks Macdonald updated the market on its funds under management (FUM) for the first quarter on Thursday, recording marginal net outflows of £70m, translating to 0.4% and in line with initial guidance.
Read moreDirector dealings: M&S non-exec invests, Brooks Macdonald CEO deals with options
19th Sep 2023 14:22
(Sharecast News) - Marks & Spencer was among those on the list of director buys on Tuesday after a non-executive director picked up more than 9,000 shares.
Read moreBrooks Macdonald hikes dividend even as profit slips
14th Sep 2023 12:13
(Sharecast News) - Brooks Macdonald reported funds under management of £16.8bn in its final results on Thursday, making for a 7.5% increase from the prior year's £15.7bn.
Read moreBrooks Macdonald reports positive net flows in March quarter
13th Apr 2023 14:08
(Sharecast News) - Investment manager Brooks Macdonald reported positive net flows of £0.4bn for the quarter ended 31 March on Thursday.
Read moreBrooks Macdonald hikes dividend despite lower revenue
2nd Mar 2023 12:19
(Sharecast News) - Brooks Macdonald Group reported a solid first-half financial performance on Thursday, despite volatile macroeconomic conditions.
Read moreBrooks Macdonald trades 'solidly' in first half
12th Jan 2023 12:09
(Sharecast News) - Brooks Macdonald said in an update on Thursday that its funds under management were up 4.5% in the December quarter, with net inflows of £0.2bn for an annualised rate of 4.0%.
Read moreMarket decline drags on Brooks Macdonald first-quarter performance
13th Oct 2022 12:47
(Sharecast News) - Brooks Macdonald reported positive first quarter net flows of £0.2bn in an update on Thursday, with continued momentum in new business, against a backdrop of volatile markets.
Read moreBrooks Macdonald reaches record underlying profit margin
15th Sep 2022 12:36
(Sharecast News) - Brooks Macdonald Group said in its full-year results on Thursday that group funds under management closed at £15.7bn, down 4.8% year-on-year, as positive net flows were offset by the impact of declining markets on asset values.
Read moreBrooks Macdonald reports 'positive' quarter amid downturn
14th Jul 2022 12:02
(Sharecast News) - Brooks Macdonald Group reported a "positive" fourth quarter in an update on Thursday, benefiting from "strong" client and intermediary relationships and a "resilient" business model.
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