Investment managers see funds and profits rise
By Andy Pearson
INVESTMENT experts in Swansea are encouraged by the trading success of their firm’s multi-billion pound UK operation.
The latest interim financial report for Brewin Dolphin reveals that the firm’s managed funds amount to £23bn – up £2.5bn in six months and up £6.7bn year on year.
The firm’s total income was £120.9m (up £16.2m year on year) and profit before tax was £15.2 million (up £4.1m year on year).
Richard Croydon, divisional director of Brewin Dolphin’s Swansea office, said: “At this stage there is every indication that the performance of our business will continue to be resilient.
“We have a strong team in Swansea – as we have across the UK – and I know this has contributed significantly to performance.”
The Brewin Dolphin group provides a complete investment management and financial planning service for private investors, charities and pension funds.
The firm has a base in Swansea Vale from where it handles a portfolio of more than 200 South West Wales companies.
Tags: Brewin Dolphin, Richard Croydon
