Cavanagh founders leave Close Brothers
Close Brothers Asset Management has announced that Simon Redgrove and Andrew Fay have left the business.
Close Brothers Asset Management has announced that Simon Redgrove and Andrew Fay have left the business.
Close Brothers Asset Management has hired Amy Lazenby as investment director to head up its tailored portfolio service.
Following a phase of restructuring, Close Brothers post a 2% increase in AUM for the first half year ending 31 January.
Defaqto’s fund management team is being bolstered with the addition of Frank Potaczek.
Robert Alster joins Close Bros in the new year as company announces a second new senior hire this year.
A new year, a new hire: Craven Seton joins Close Brothers Asset Management from PSigma Investment Management.
Close Brothers AUM increased 8% in the year to 30 June 2013 due largely to new business inflows according to its pre-close trading update.
Close Brothers Asset Management's AUM increased 4% between February and April, bringing the year-to-date increase up to 10%.
Close Brothers Asset Management has reported a 3% rise in its AUM to £8.5bn in the five months to 31 December.
Close Brothers Asset Management division made "good progress" in the three months to 31 October, with total AUM up 2% to £8.5bn.
Frankie Mendoza has taken on a new role at Close Brothers Asset Management, part of which is head of strategic relationships.
Close Brothers asset management business saw its assets under management fall at the end of December by just over £1bn in five months.