Strong Q1 for Brooks MacDonald
Brooks MacDonald's discretionary funds under management increased 7.6% in the first three months of the year the firm’s quarterly report shows.
Brooks MacDonald's discretionary funds under management increased 7.6% in the first three months of the year the firm’s quarterly report shows.
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The acquisition of Channel Islands-based Spearpoint helped boost Brooks Macdonald's funds under management by 44% year-or-year to £4.62bn.
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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.
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Brooks Macdonald Funds has launched two new income funds under the Dublin-based SPL Investment Funds umbrella.
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Brooks Macdonald Funds has introduced a clean fee share class across its fund range ahead of RDR, including its £100m Defensive Capital Fund and three fund of funds which replicate its managed portfolio service.
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Brooks Macdonald’s founding director Jonathan Gumpel and its MD of financial planning Nicholas Lawes are to step down from the board today, as the firm reports a 6.5% jump in discretionary funds under management.
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Brooks Macdonalds wholly-owned subsidiary Braemar Estates has been appointed property manager and adviser of a newly-formed investment company targeting income generation and capital growth through a portfolio of freeholds and head leases.
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Brooks Macdonald Asset Management (BMAM) has announced the appointment of three new investment management directors, hailing from Vestra Wealth, City Asset Management and Brown Shipley Private Bank.
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Brooks Macdonald is the latest firm to offer its discretionary proposition through Axa Wealth’s Elevate platform.
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Brooks Macdonald’s half-year results show an increase in assets under management as well as a continuation of its growth strategy.
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Brooks Macdonald Asset Management has hired Gemma Godfrey as head of investment strategy.
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In its latest trading update, Brooks Macdonald’s assets under management have passed the £3bn barrier.
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