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Asset manager Brewin Dolphin's income rises as inflows remain robust

Wed, 26th Jan 2022 07:24

Jan 26 (Reuters) - Brewin Dolphin Wednesday posted a
rise in income for the first quarter, helped by continued growth
in inflows to record levels since last year, as the wealth
manager weathered disruptions caused by the COVID-19 pandemic.

The company's total income rose 8.9% to 104.4 million pounds
($140.96 million) in the three months to Dec. 31, with total
funds at 59 billion pounds at the end of the quarter.
Discretionary inflows during the period hit a billion pounds.
($1 = 0.7406 pounds)
(Reporting by Pushkala Aripaka in Bengaluru; editing by Milla
Nissi)

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