Funds surge at Charles Stanley

Marion Dakers
STOCKBROKER and investment manager Charles Stanley yesterday revealed a 15.3 per cent rise in total funds under management in the year to the end of March.

Charles Stanley now has £17.7bn under management and administration, a new record for the firm as it continues to bounce back from the market turmoil of the past few years.

Discretionary funds under management bounced 27.2 per cent to £6.4bn, with 8.3 per cent net organic growth within the funds.