Net flows improve for Brooks Macdonald

Net flows continued to improve for wealth manager Brooks Macdonald in the second quarter which ended on 31 December.

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Rathbones funds under management rise 25%

Investment management and Financial Planning group Rathbones has increased funds under management and administration (FUMA) by 25%, according to the first trading update since the completion of its acquisition of Saunderson House.

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Mattioli Woods client assets pass £15bn

Client assets at wealth manager and SIPP provider Mattioli Woods rose 42% to £15.1bn over the six months ending 30 November 2021.

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Woodford staff paid £510k following fund failure

The two remaining staff members at Woodford Investment Management received a total of £510,250 in salaries for the year ended 31 March 2021.

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