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Brooks Macdonald FUM up 12% as net outflows fall

Total group funds under management at Brooks Macdonald increased £1.5bn to £13.7bn for the quarter ending 30 June, with net outflows for the quarter reducing to £0.1bn.

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Brooks Macdonald makes £39m acquisition

Brooks Macdonald has snapped up Edinburgh-based firm Cornelian Asset Managers in a £39m deal.

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