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Wealth management company Brooks Macdonald hiked its dividend after reporting record annual funds under management amid a boost from new fund inflows.
For the year ended 30 June 2021, funds under management grew 20.3% to a record £16.5 billion year-on-year
The total dividend increased by 18.9% to 63.0 pence.
Looking ahead, the company said it was 'well positioned to continue to deliver on ambitious growth strategy with a strong pipeline and net flows expected to improve further over FY22...'