Brewin Dolphin 3Q Interim management Statement shows evidence of growth in FUM and “core income”. The headlines are: Total Funds under Management (FUM) increased 2.1% in the quarter to £22.5bn (March 2016: £32.8bn), while discretionary FUM increased 3.5% to £26.8bn Inflows of £0.3bn into discretionary funds is organic growth of 4.1%. While total 3Q income was up 1% to £71.3m, core income rose 5.4% to £66.6m, driven by organic discretionary FUM g

27 Jul 2016
3Q IMS shows growth

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3Q IMS shows growth
- Published:
27 Jul 2016 -
Author:
Robin Savage -
Pages:
3 -
Brewin Dolphin 3Q Interim management Statement shows evidence of growth in FUM and “core income”. The headlines are: Total Funds under Management (FUM) increased 2.1% in the quarter to £22.5bn (March 2016: £32.8bn), while discretionary FUM increased 3.5% to £26.8bn Inflows of £0.3bn into discretionary funds is organic growth of 4.1%. While total 3Q income was up 1% to £71.3m, core income rose 5.4% to £66.6m, driven by organic discretionary FUM g