Brooks Macdonald to move over £146m Defensive Capital fund to RM Funds

Alongside manager Niall O’Connor

Valeria Martinez
clock • 1 min read

Brooks Macdonald is set to move over its £146m Defensive Capital fund to RM Funds, alongside portfolio manager Niall O’Connor and his team.

Subject to regulatory and fundholder approval, RM Funds will take over investment management and distribution of the SVS Brooks Macdonald Defensive Capital fund, which will be renamed the SVS RM Defensive Capital fund.  O'Connor, who has managed the fund since 2019 after serving as deputy fund manager from 2016, will be joining RM Funds along with his team.  Brooks Macdonald outflows slow to £200m amid strong platform MPS growth Launched in 2010, DCF is an all-weather return fund aiming to provide long-term growth with lower volatility from a portfolio of diversified assets that do...

To continue reading this article...

Join Investment Week for free

  • Unlimited access to real-time news, analysis and opinion from the investment industry, including the Sustainable Hub covering fund news from the ESG space
  • Get ahead of regulatory and technological changes affecting fund management
  • Important and breaking news stories selected by the editors delivered straight to your inbox each day
  • Weekly members-only newsletter with exclusive opinion pieces from leading industry experts
  • Be the first to hear about our extensive events schedule and awards programmes

Join now

 

Already an Investment Week
member?

Login

More on People moves

Saltus names Andy Cawker chair of asset management arm

Saltus names Andy Cawker chair of asset management arm

Over 30 years in the industry

Linus Uhlig
clock 06 December 2024 • 2 min read
HSBC Global Private Banking and Wealth CEO Annabel Spring to depart firm

HSBC Global Private Banking and Wealth CEO Annabel Spring to depart firm

Gabriel Castello to take over as interim CEO

Sorin Dojan
clock 06 December 2024 • 1 min read
Nordea AM poaches client solutions director from RLAM

Nordea AM poaches client solutions director from RLAM

James Elks joins

Beth Brearley
clock 05 December 2024 • 1 min read
Trustpilot