Brown Advisory, a US-based adviser and investment firm, has opened an office in London.
The opening of the London office follows the 2006 UK launch of Brown Advisory's large-cap portfolio through a Dublin-based UCITS vehicle.
The fund, managed by Brown Advisory’s senior U.S. value equity portfolio manager Richard Bernstein, mirrors the $1.2bn portfolio offered to US clients.
Michael Hankin, chief executive officer of Brown Advisory, says: “Opening an office in London and receiving FSA registration is a major step towards building on this growth, and it will enable us to serve these clients more effectively.”
Logie Fitzwilliams, a director of Brown Advisory, heads up the office after five years as an equity research analyst at the firm. He will work alongside one sales assistant in London and there are plans to hire another early next year.
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