Robert Alster Close Brothers research head
Robert Alster joins Close Bros in the new year as company announces a second new senior hire this year.
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.
Close Brothers’ first quarter results show a fall in its assets under management of £1bn since the end of its previous reporting quarter.
Close Brothers said its intention was for further growth despite losses in the asset management business.
Kleinwort Benson has completed its acquisition of Close Offshore Group.