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Investegate | Company News | Corporate, London Stock Exchange, Regulatory News Headlines Charles Stanley funds under management rise as revenue climbs in Q1

Investegate | Company News | Corporate, London Stock Exchange, Regulatory News Headlines Charles Stanley funds under management rise as revenue climbs in Q1
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Charles Stanley funds under management rise as revenue climbs in Q1 | 12 July 2021

Charles Stanley funds under management rise as revenue climbs in Q1 | 12 July 2021
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Brewin Dolphin funds rise in H1 on record inflows, strong market recovery | 13 May 2021


13 May 2021 | 08:29am
StockMarketWire.com - Wealth management services provider Brewin Dolphin reported a rise in total funds in the first half of the year, driven by record fund inflows in Q2 and jump in client investments amid a strong market recovery.
For the half year ended 31 March 2021, funds increased by 10.5% to £52.6 billion year-on-year, with discretionary funds ere up 10.9% to £45.7 billion.
The rise in funds were supported by positive net flows and strong discretionary investment performance of 9.5% (MSCI PIMFA Private Investor Balanced Index: 8.7%), the company said.
Discretionary net flows were up 2.9% to £0.6 billion, with gross inflows of £1.6 billion.
Total income increased by 13.7% to £199.9 million, driven by strong market performance and elevated levels of commissions. ....

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