Brooks Macdonald News
04.01 / 18:57
People moves
park
Brooks Macdonald CIO Edward Park set to depart after 15 years
Brooks Macdonald CIO Edward Park (pictured) is leaving the firm.
22.12 / 12:57
fees
Jupiter
Jupiter asset management
Jupiter rolls out tiered pricing system across fleet of funds
Five sets of funds have had a tiered pricing structure introduced to its fixed annual charge, according to a series of shareholder letters sent to relevant clients.
19.12 / 18:48
financial conduct authority
Wealth Management
Quilter
Consumer Duty
MPs
Profiles
Defaqto unveils Consumer Duty profiles for top 20 model portfolios
The profiles, now available in Defaqto’s Engage and Centra software tools, are designed to help financial advisers meet their regulatory needs as part of the Financial Conduct Authority’s Consumer Duty.
05.12 / 09:31
Risk Management
People moves
multi-asset
Sarasin & Partners adds co-manager to Monson-led Target Return fund
Alastair Baker joined as multi-asset fund manager. He has 14 years' multi-asset investment experience.
01.12 / 13:23
London
People moves
exit
IG Group
exits
Brooks Macdonald London boss and investment director exits
The firm has confirmed Bromfield’s exit and ‘thanks him for his contribution’.
27.11 / 08:53
People moves
Jupiter
Former Jupiter CEO Maarten Slendebroek to chair Brooks Macdonald
Maarten Slendebroek (pictured) was CEO of Jupiter for five years and chair of Robeco's supervisory board since August 2020.
31.10 / 09:41
12.10 / 15:41
14.09 / 08:01
inflation
companies
Results
Profits slip at Brooks Macdonald despite rising assets and revenue
Costs increased substantially at the manager, with an extra £5.8m being added to the annual bill.
13.09 / 14:19
People moves
research team
analyst
Quilter Cheviot expands fund research team with analyst hire
Shah was previously at Cenkos, where he worked as head of research for nearly two years.
05.09 / 07:43
companies
Abrdn
Acquisition
Takeover
LGT completes £140m takeover of abrdn's DFM business
'The completion of this transaction marks another milestone in LGT Wealth Management’s journey from inception in 2008.'
01.09 / 08:11
People moves
Castlefield hires lead manager for sustainable European fund
James Buckley (pictured) joins from Cantor Fitzgerald Ireland
31.08 / 16:17
CEO
Deloitte
Sky News
People moves
St James's Place
prudential
reports
place
Former Prudential chief Mark FitzPatrick leads race for next St James's Place CEO - reports
Former Prudential group CEO Mark FitzPatrick
31.08 / 16:17
MPs
Sarasin & Partners ex-deputy head of MPS Walker emerges at Brooks Macdonald
Walker joins the firm from her senior associate partner role at Sarasin & Partners
09.08 / 12:43
Reuters
companies
Sky News
7IM downsizes Bishopsgate offices as owner hunts for buyer
Last month, it was reported that Caledonia gave prospective buyers until the end of July to put forward indicative offers for the firm | Credit: iStock
13.07 / 07:49
companies
Q4
Brooks Macdonald funds under management rise 7.5% on positive Q4 flows
Andrew Shepherd (pictured) is the CEO of Brooks Macdonald
13.07 / 07:33
Brooks Macdonald says clients are flocking to cash in uncertain markets
Wealth manager Brooks Macdonald said more clients are choosing the safety of cash amid volatile markets as it reports a slight uptick in assets in its latest results.
04.07 / 10:57
HSBC
People moves
M&G
M&G appoints ex-Brooks chief Caroline Connellan as Wealth CEO
Caroline Connellan (pictured) served as CEO and executive director Brooks Macdonald.
21.09 / 02:33
UPS
Lowe's
Low
cost-of-living crisis
Brooks Macdonald hikes pay for low earners to combat cost-of-living crisis
Wealth manager Brooks Macdonald has given its lowest earners a £1,000 pay rise, as pressure ramps up on the City to help employees through the cost-of-living crisis.
10.03 / 11:23
Brooks Macdonald profits dip on Lloyds Channel Islands acquisition
Brooks Macdonald reported on 10 March a decline in pretax profit for the first half of fiscal 2022 and a rise in funds under management, as it swung to positive net flows on improved client retention.
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