Brooks Macdonald AUM hits record £15.5bn as outflows slow Net outflows dropped to £367m for the six months to end of December from £506m the year before Brooks Macdonald added £2.4bn to its funds under management during 2020 as it experienced an “improving trend” in outflows. The wealth manager’s results for the six months to 31 December 2020 revealed assets to be £15.5bn, up from £13.7bn in June 2020 and £13.1bn at the end of 2019. It attributed this to strong investment performance which added 9.5% to its assets, or £1.3bn, despite volatility in markets, as well as it two acquisitions -Lloyds Banking Group’s Channel Islands wealth business and Cornelian Asset Managers.