South Africa’s asset managers need to learn from the UK’s Retail Distribution Review experience and work in partnership with financial advisers when implementing next year’s regulatory changes, according to Brooks Macdonald International’s business development director.
Brooks Macdonald Group has reported discretionary funds under management at the end of its first quarter of £7.33bn, marginally down on last quarter.
Channel Island-based Brooks Macdonald International has won a mandate to manage half of a South African trust company’s offshore portfolios, less than four months after acquiring an intermediary licence.
Brooks MacDonald has appointed Andrew Shepherd to the newly created role of deputy chief executive.
Brooks Macdonald’s discretionary funds under management edged closer towards the £7.5bn mark with a 13.1% increase in the year ending 30 June.
Brooks Macdonald Group has appointed a new head of group marketing from Brewin Dolphin.
Brooks Macdonald International (BMI) has been granted a license to provide advisory and intermediary services in South Africa.
Financial advisers are the real winners in the wake of the UK’s Retail Distribution Review, according to Brooks Macdonald International’s Darren Zaman.
Brooks Macdonald has relaunched its multi-asset fund range, introducing three new currency share classes to help drive the growth of the firms international offering.
Specialist investment manager Brooks Macdonald Asset Management (BMAM) has doubled its range of investment portfolios within its Managed Portfolio Service (MPS).
Specialist investment manager Brooks Macdonald Asset Management (BMAM) said it has expanded its Managed Portfolio Service (MPS) team in London with the appointment of Jim Mackie as investment management director.
Brooks Macdonald has delivered largely positive fourth quarter and half year results today, with a rise in discretionary funds under management and a slight dip in advisory FUM, against a volatile trading backdrop.
