Brooks Macdonald FUM pressurised by turbulent market conditions
24th Jan 2019 10:50
(Sharecast News) - Brooks Macdonald on Thursday reported that market volatility had led to a reduction in its funds under management over the past six months.
Read moreMonday broker round-up
8th Oct 2018 13:07
(Sharecast News) - Mediclinic International: Investec upgrades to buy with a target price of 448p.
Read moreThursday broker round-up
20th Sep 2018 13:16
(Sharecast News) - AVEVA Group: Barclays upgrades to overweight with a target price of 3,150p.
Read moreBrooks Macdonald appoints new CEO
20th Oct 2016 11:12
(ShareCast News) - Brooks Macdonald Group, AIM listed investment management services company, has appointed Caroline Connellan as its chief executive officer, starting on April 2017. Connellan has over 20 years of experience in financial services, most recently as head of UK premier and wealth at HS
Read moreBrooks Macdonald's profit rises despite low investor sentiment post Brexit
21st Sep 2016 09:54
(ShareCast News) - Investment management company Brooks Macdonald full year revenue and profits increased despite low investor sentiment in the run-up to, and following the EU referendum in June. For the year ended 30 June, revenue grew by 5% to £81.4m compared to the same period last year. Underly
Read moreOrigo falls even further as Brooks Macdonald files winding-up order
10th Mar 2016 14:27
(ShareCast News) - Shares in China-focused investor Origo Partners fell to new all-time lows after Brooks Macdonald Asset Management filed court order seeking to wind up the company. The company said it was "considering its options" and would update the market shortly, but added that opposing such a
Read moreBrooks Macdonald's first-quarter FUM dented by weak markets
20th Oct 2015 12:46
(ShareCast News) - AIM-listed integrated wealth management group Brooks Macdonald posted a 1.1% drop in funds under management in the first quarter as it pointed to weak investment markets. For the quarter ended 30 September, discretionary funds under management totalled £7.33bn compared with £7.41b
Read moreBrooks Macdonald Group names Andrew Sheperd as deputy CEO
4th Aug 2015 15:57
(ShareCast News) - Wealth management group Brooks Macdonald has appointed Andrew Sheperd as its deputy chief executive. The appointment follows the company's decision to create the new role to broaden its senior management team as it has seen significant growth since its initial public offering in 2
Read moreBrooks Macdonald Group's full-year trading in line
24th Jul 2015 15:27
(ShareCast News) - Despite challenging markets towards the end of the year, wealth management group Brooks Macdonald traded in line with expectations in the year ended 30 June 2015. Full-year discretionary funds under management increased to £7.41bn from £6.55bn in the year before. However, these f
Read moreOrigo Partners plunges as Brooks Macdonald files claim
14th Jul 2015 14:13
(ShareCast News) - Shares in Origo Partners plunged 15% after Brooks Macdonald Asset Management said it has filed a claim against it over a clause in the company's Articles of Association related to the conversion of preference shares. It said it hopes that a consensual resolution can be reached wit
Read moreTuesday broker round-up UPDATE
21st Oct 2014 08:50
African Barrick Gold: JP Morgan cuts target price from 340p to 300p and stays with its overweight rating. Anglo American: JP Morgan raises target price from 1240p to 1310p, while leaving its underweight rating unchanged. Investec increases target price from 1573p to 1603p and stays with its buy reco
Read moreMonday broker round-up UPDATE
2nd Jun 2014 10:24
Anglo Pacific: FinnCap places both its target price (prev.: 216p) and its hold recommendation under review. Associated British Foods: Berenberg increases target price from 2600p to 3060p, while maintaining its hold recommendation. Barr (AG): Numis moves target price from 612p to 624p retaining a h
Read moreBrooks Macdonald acquires Jersey-based wealth management firm
14th Apr 2014 07:03
A subsidiary of Brooks Macdonald, an AIM-listed wealth management group, has acquired DPZ Capital from its parent company, DPZ Holdings, for an initial consideration of 5.7m pounds. DPZ is a well-established wealth management business based in Jersey, which was founded in 2007. The firm, which m
Read moreBrooks Macdonald encourages with first half growth
12th Mar 2014 16:15
Wealth management group Brooks Macdonald enjoyed strong earnings growth in the first six months of its financial year thanks to increased assets under management and a lower tax charge. Pre-tax profit for the half year to December climbed 15.7% to £4.93m, while adjustments for acquisition costs and
Read moreWednesday broker round-up UPDATE
12th Mar 2014 09:03
Ashtead Group: Citi raises target price from 850p to 1075p keeping a buy recommendation. Barratt Developments: Goldman Sachs reduces target price from 527p to 502p and downgrades to neutral. British Land: Jefferies downgrades to hold with a target price of 707p. Brooks Macdonald Group: Canaccord
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