Last month, Brooks Macdonald announced 55 redundancies. Although it is selling high volumes of MPS at 20bps, it’s making nowhere near as much as when it sold BPS at 70–80bps. This has had a huge impact on revenues. There are fears this could be “just the tip of the iceberg in the DFM universe”.
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News archive including articles on Fund Managers, Fund Selection, Asset Allocation, Absolute Return, Offshore Investments, Tax Shelters, Insurance bonds. Asia fund battle: Two long-term heroes struggling over the past few years | Trustnet
Tom Sparke will be debuting his new Captain Fishbeard comic book, Fishbeard and Friends. Tom tell me Fishbeard is back in t a new compilation featuring