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(Sharecast News) - Brooks Macdonald said on Thursday that funds under management and advice rose to 21.7bn at 30 June from 19.1bn a year earlier, as its full-year net flows improved by more than 600m.
The London-listed wealth manager reported net inflows of 226m for FY26, compared with net outflows of 396m in FY25, while fourth-quarter net inflows of 167m marked its strongest quarterly performance in three years.
Platform MPS continued to grow strongly, with quarterly net inflows of 272m and funds under management up 35% year on year to 8.0bn.
Chief executive Andrea Montague said the group was seeing "the tangible benefits" of its strategy through disciplined execution, stronger adviser relationships and growth in financial planning, while the board said full-year financial performance was expected to be in line with market expectations.
At 0950 BST, shares in Brooks Macdonald Group were up 3% at 1,364.69p.
Reporting by Josh White for Sharecast.com.
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