Brooks Macdonald Asset Management

Brooks Macdonald International has appointed Darren Zaman as chief executive of its offshore business.

Hargreaves Lansdown has selected Smith & Williamson and Brooks Macdonald as its preferred partners for bespoke discretionary asset management services.

Brooks Macdonald has reported a sharp uptick in funds under management year on year following a raft of acquisitions in 2014.

Brooks Macdonald Asset Management has partnered with Berkshire-based IFA firm Petrus Financial Services to expand the reach of its investment propositions.

Discretionary fund managers are facing growing pressure to standardise managed portfolio fees as the FCA considers warning advisers against using any service where costs are not clear.

Brooks Macdonald said today it will complete a deal to buy risk-adjusted funds house Levitas Investment Management "imminently" after reporting another jump in discretionary assets under management.

Brooks Macdonald is planning a ‘substantial' fee cut for its discretionary fund management service, which could see its headline charge fall by up to 30%.

Discretionary fund managers are failing their customers by adopting opaque and expensive charging structures, according to a new report.

Brooks Macdonald has seen funds under management climb by 4.2% in the first quarter of 2014, results have revealed.

Brooks Macdonald's asset management business has acquired Jersey-based DPZ in a deal that will add a further £360m to its discretionary AUM.