Former rugby pro leads Brooks Macdonald’s Wales venture
Brooks Macdonald has expanded its footprint in Wales with the opening of a new office in Cardiff, headed by former Brewin Dolphin man and professional rugby player, Andrew Lewis.
Brooks Macdonald has expanded its footprint in Wales with the opening of a new office in Cardiff, headed by former Brewin Dolphin man and professional rugby player, Andrew Lewis.
The hype around passive products has never been more intense, but Brooks Macdonald Asset Management’s Jon Gumpel warns that there could be danger ahead for passive investors.
Brooks Macdonald’s funds under management grew closer to £10bn in the first three months of 2017 signalling a strong start for its new chief executive, Caroline Connellan.
Brooks Macdonald’s co-founder has stepped down as chief executive as he hands over to ex-HSBC Premier head Caroline Connellan.
While Q1 2017 was “generally positive for most asset classes,” Brooks Macdonald warned a full recovery in UK business investment is unlikely.
Investors risk being lulled into a false sense of security in the current low-volatility environment, according to Brooks Macdonald’s Dr Niall O’Connor.
Brooks Macdonald saw a 19% growth in discretionary FUM, and a 49% rise in pre-tax profits for the second half of 2016; benefiting from renewed focus on services for HNW clients and changes to the pension landscape.
Wealth manager Brooks Macdonald announced it plans to expand its UK footprint by making a push into the Welsh marketplace.
Brooks Macdonald has become the first discretionary fund manager to sign up to Panacea Adviser, an online resource for financial advisers and paraplanners.
Wealth manager James Surcouf is to leave HSBC Global Asset Management after 12 years to join Brooks Macdonald’s Jersey branch it was announced on Monday.
Although a shadow of political risk hovers over Europe, those keen to invest in the region can take advantage of some resilient high yield bonds and relatively cheap stocks, according to Brooks Macdonald head of research Richard Larner.
Brooks Macdonald, the specialist discretionary fund management provider, has announced its first international strategic alliance, signing a deal with Dubai-based advisers Abacus Financial Consultants.