Brooks Macdonald

Wealth manager Brooks Macdonald expects its funds business to break even in the second half of its financial year, and will turn a profit for the first time in 2015-16.

This week's events, hires (and a joke)

Infrastructure: How sustainable are yields?

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

Brooks Macdonald has reported a 16% increase in interim pre-tax profit as assets under management near the £6bn mark.

Prosperity Independent Financial Advisers and Stockbrokers has joined forces with investment specialist Brooks Macdonald Asset Management to give clients targeted access to their funds.

Brooks Macdonald has signed an option agreement to acquire Levitas Investment Management for up to £24m.

Brooks Macdonald International has launched a managed portfolio service for advisers' international investors.

DFMs