Brewin Dolphin withdrew a £100m segregated mandate from Woodford Investment Management last year as the wealth manager moved the bulk of the third-party investments in its Managed Portfolio Service (MPS) from retail funds to segregated mandates.
In January 2018, Brewin Dolphin announced plans to reduce the costs on its MPS by £3m a year by switching 60% of the assets to manager of manager funds. The other 40% - investing in overseas equities,...
Cuts fees across multi-manager range
Third highest monthly figure since 1993
Took office yesterday
Simon Evan-Cook to leave business later this month
UK-domiciled equity funds add £24.2bn
From the horse's mouth
Spike during first lockdown