Tag: Brooks Macdonald
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Brooks Macdonald: Forecasts up on positive outlook, dividend +8%
My Equity Development note covering BM’s interims (to 31 Dec 22) is out. You can read the full note here (short summary below). It was a solid H1-23 with FUM up 4% to £16.2bn, from £15.7bn on 30 Jun 22. …
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At first glance, 2022 was bruising for UK wealth managers, a closer look reveals some promising resilience
The market turmoil of 2022 hurt UK wealth managers. The blow was cushioned by customers continuing to pay into their SIPPs, ISA’s and investment accounts, despite heavy market falls and huge economic uncertainty. Some managers showed resilience, but not all.…