Brooks Macdonald’s discretionary funds climb 5.5%
Brooks Macdonald Group has reported its discretionary funds under management rose 5.52% for the half year to 31 December versus the same period in 2014.
DFM
-
-
Church House launches risk-rated model portfolio service
Church House Investment Management, a UK-based discretionary fund manager, has launched a range of six risk-rated managed portfolios.
-
Old Mutual Int’l targets wealthy UK investors with new bond
Old Mutual International has launched a new international life assurance bond aimed at high net worth investors in the UK.
-
DFM firm Portfoliometrix launches in Ireland
Discretionary fund management firm Portfoliometrix has launched in Ireland, with an office in Dublin.
-
Brooks Macdonald expands discretionary services in S. Africa
Brooks Macdonald International has announced that its discretionary investment management services are now available to offshore investors in South Africa through the Sanlam Group’s Glacier platform.
-
Discretionary and advisory business boost results for Walker Crips
Walker Crips reported a five-fold rise in pre-tax profits for the six months to 30 September, in spite of a 30% increase in the Financial Services Compensation Scheme levy.
-
Old Mutual teams up businesses for South Africa HNW investors
Old Mutual Wealth is teaming up its various divisions, including Old Mutual International and Quilter Cheviot, to offer an all-round service to investors in South Africa ahead of next year’s Retail Distribution Review.
-
South Africa advisers should learn from UK’s RDR
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 exceeds own expectations as FUM climbs 13.1%
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.
-
VAM forms exclusive partnership with Close Brothers
Luxembourg-based VAM Funds has signed a deal with Close Brothers Asset Management (CBAM) to give its non-UK-based advisers the chance to tap into the latter’s discretionary fund management services.
-
Capstone Financial launches in-house DFM service
Hong Kong-based advisory firm, the Capstone Financial Group, has unveiled its own discretionary fund management (DFM) service to help centralise client accounts and steer the business towards a fully fee-based structure.
-
IFA use of DFMs to grow, but service quality key- Investec
A significant majority of advisers expect the demand for bespoke discretionary fund management services to rise in the next few years, but only those that offer high levels of service quality are likely to survive, research by Investec Wealth and Investment shows.