US EditionBrooks Macdonald suffers market hit amid ongoing acquisitions
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Brooks Macdonald suffers market hit amid ongoing acquisitions
Brooks Macdonald suffered from a significant investment and market loss over the last quarter as the firm continued to integrate its various financial acquisitions. While funds under management and administration at the asset manager did swell seven per cent over the quarter, this was due to £1.6bn added through acquisitions of financial planning firm Lucas Fettes and independent financial advisor LIFT. Meanwhile, Brooks Macdonald suffered £129m…
·London, United Kingdom
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