Brown Shipley’s parent company Quintet Private Bank has signed a memorandum of understanding with BlackRock to extend the investment capabilities of the group.
Under the terms agreed, the European private bank will gain access to an expanded set of investment tools, products and risk-management solutions to reinforce its investment process, while retaining full control of all its investment decision-making. In the UK, Brown Shipley will draw upon a range of new funds, launched exclusively for the Quintet Group's clients, leveraging BlackRock's scale. The firm's UK subsidiary will also have access to Aladdin, BlackRock's proprietary risk-management technology platform, which will be deployed to support risk management and reporting of Brown ...
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