Brooks Macdonald poaches Liontrust multi-asset head

Sarah Ackland joins

Brooks Macdonald has hired Liontrust head of multi-asset Sarah Ackland as its global head of distribution.

Ackland will report to CEO Andrew Shepherd at the £15.7bn firm, heading up its distribution and marketing efforts to drive its presence and business flows. Ackland joins the firm from Liontrust, where she was head of its multi-asset business, prior to which she was head of UK funds at Architas before its acquisition by Liontrust in 2020. Last month Brooks reported its fifth consecutive quarter of positive flows, though a volatile market environment brought down its funds under management by £1bn, with the firm's closing FUM falling  5.9% to £15.7bn. Brooks Macdonald FUM declines in...