Finsbury Growth and Income recruits former Brewin non-exec
Pars Purewal’s 38-year career also includes a stint on the board at Federated Hermes
Pars Purewal’s 38-year career also includes a stint on the board at Federated Hermes
Tom Whitfield joins from Sanlam Investments, having also worked at Brewin Dolphin
Joss Mitchell brings 35 years’ industry experience having previously worked at Kleinwort Hambros, Citi and HSBC
But Robin Beer remains at the helm of the wealth manager now known as RBC Brewin Dolphin
FUM slumps 8% at Brewin Dolphin ahead of acquisition by RBC
But total funds flat at £56.3bn thanks to volatility from Ukraine crisis and macroeconomic uncertainty
‘Modestly high inflation and modestly strong growth’ would be supportive but tide could turn if equity markets correct
Deal values the wealth manager at £1.6bn
Priority now is to complete final rollout of new custody and settlement system
She was previously global economist at Cazenove Capital Management
Wealth manager reports record gross flows of £4bn
Tom Buffham will help to develop wealth manager’s sustainable MPS proposition