- Brooks Macdonald Group
- 15 January 2026 11:47:58
Source: Sharecast
Total FUMA were valued at £20.1bn by 31 December, up 3% over the £19.6bn reported at the end of September and ahead of the £19.1bn valuation at the end of the last fiscal year (30 June).
Within this, BM's Bespoke Portfolio Service saw FUM rise 2% to £8.9bn, while Managed Portfolio Service FUM rose 6% to £7.8bn. Meanwhile, total assets under advice were flat at £5.3bn, of which £2.3bn were advised-only assets.
Net flows amounted to £50m, compared with net outflows of £151m the year before, marking the first quarter of positive net flows since FY23.
"I am delighted to announce a return to positive net flows in the quarter, highlighting the improving trend delivered in recent quarters, and strong investment performance lifting FUMA to £20.1bn," said chief executive Andrea Montague.
"We are committed to building on this positive momentum as we execute our 'Reignite Growth' strategy."
Brooks Macdonald's Reignite Growth plan focuses on becoming a UK-centric wealth manager, expanding its use of tech and AI throughout the business and enhancing client service, as well as evaluating M&A opportunities.
The stock was up 0.8% at 1,632.53p by 1057 GMT.