Close Brothers Group
UK investment banker
Close Brothers Group is a UK merchant banking group that offers lending, deposit taking, wealth management and securities trading services. Close Brothers Asset Management provides a range of financial advice, investment management and on-line investing services. The banking division provides lending to small businesses and individuals. It also offers deposit taking services to UK businesses and individuals. In securities, it provides trading services in the UK through its Winterflood subsidiary. The company was established in 1878 and employs more than 3,000 people, principally in the UK, and is listed on the London Stock Exchange.
Equities
Deryck Noble-Nesbitt has left Close Brothers Asset Management as the firm winds up his Special Situations fund.
16 July 2013
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Equities
Royal London Asset Management (RLAM)'s Martin Cholwill has upped his stake in Brewin Dolphin as he backs three wealth managers to survive the post-RDR world.
05 June 2013
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Economics
Close Brothers has reported positive net flows into its asset management division, with assets under management up 10% year to date.
24 May 2013
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UK
Close Brothers has suspended redemptions on Deryck Noble-Nesbitt's Special Situations fund ahead of an expected wind-up of the portfolio in August this year.
21 May 2013
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Investment
Chris Bailey, the manager of Close Brothers Asset Management's Growth and Conservative funds, has stepped down from the group.
24 April 2013
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Asia
Chris Bailey, head of direct global investment at Close Brothers Asset Management, urges investors to look again at Japan as a guide to investing closer to home.
12 April 2013
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Economics
The asset management division of Close Brothers, comprising both advised and managed solutions for clients, turned a profit in the six months to February thanks partly to a 6% increase in overall assets under management.
12 March 2013
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Investment
Brewin Dolphin is planning to increase the number of open-ended funds it recommends to clients by 25% in the coming months as it seeks to provide more income plays.
25 February 2013
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