Brooks Macdonald announces DFM deal with Reeves
Brooks Macdonald Asset Management has formed a strategic alliance with Reeves, giving its clients access to Brooks discretionary services.
Brooks Macdonald Asset Management has formed a strategic alliance with Reeves, giving its clients access to Brooks discretionary services.
Brooks Macdonalds discretionary funds under management have risen by 4.2% to reach £5.9bn in the first quarter of this year.
The predicted post-RDR merger boom within the UK wealth manager market has not quite materialised but, judging by recent activity, the big players have their eyes set on international expansion.
Brooks Macdonald has acquired Jersey-based wealth manager DPZ Capital through one of its subsidiaries, with a view to accelerating its international expansion.
Brooks Macdonald Funds (BMF) is launching what it believes to be the first actively-managed Ucits core property fund.
AIM-listed wealth management group Brooks Macdonald has signed a put-and-call-option agreement with shareholders of Levitas Investment Management Services in respect of the sale and purchase of the entire issued capital of Levitas.
Brooks Macdonald International, a subsidiary of the AIM-listed, London-based Brooks Macdonald wealth management group, today is launching a platform-based international managed portfolio service.
Brooks Macdonald Fundshas broadened its managed portfolio service (MPS) with the launch of the actively-managed IFSL Strategic Growth fund.
Brooks MacDonald's discretionary funds under management increased 7.6% in the first three months of the year the firm’s quarterly report shows.
The acquisition of Channel Islands-based Spearpoint helped boost Brooks Macdonald's funds under management by 44% year-or-year to £4.62bn.
The acquisition of Spearpoint added 18% to discretionary funds under management at Brooks Macdonald by the end of December, taking the group total to £4.62bn.
Brooks Macdonald Funds has launched two new income funds under the Dublin-based SPL Investment Funds umbrella.