Losses of £4.7bn have driven Brewin Dolphin’s assets under management down by 8.2% in the last quarter, but inflows remained in positive territory.
Over the three months to June 2022, the firm's AUM fell to £51.7bn, down from £56.3bn in the previous quarter, according to a trading update. CEO Robin Beer said investment performance had been impacted by recent market weakness and ongoing volatility. Brewin Dolphin still managed to attract new capital, with net inflows of £100m. Flows over Q3 include £200m of outflows in discretionary and execution only. Brewin Dolphin advisory funds fall 15% year-on-year "We are in the final stage of switching over to our new custody and settlement system, which is to take place at the end of su...
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