Brooks Macdonald Reports Q3 FUMA Update
Why we think this is neutral
This RNS announcement provides a general business update on Brooks Macdonald's funds under management and advice, net flows, and outlook. It does not contain any specific news that would warrant a more positive or negative sentiment score.
Key Points
- Total FUMA increased by 7% to £18.6 billion
- Total FUM reached £16.04 billion
- Net outflows of £129 million, an improvement of £22 million compared to the previous quarter
- Group anticipates full year performance in line with market expectations and a return to positive net flows later in the year
Summary
Brooks Macdonald Group plc has announced its funds under management and advice (FUMA) for the three months ended 31 March 2025. Total FUMA increased by 7% to £18.6 billion, with total funds under management (FUM) reaching £16.04 billion. The company reported net outflows of £129 million, an improvement of £22 million compared to the previous quarter. The group notes the increased market volatility but currently anticipates its full year performance will be in line with market expectations and a return to positive net flows later in the year.