Brewin Dolphin saw a 6% fall in revenues over the 13 weeks to 31 December 2011, although assets under management grew, according to an interim management statement released today.
Brewin Dolphin has thrown its weight behind Alliance Trust and said it will vote against the resolution put forward by Laxey Partners to introduce a discount control mechanism.
Brewin Dolphin held crisis talks with Alliance Trust last week as it called for the company to initiate further share buybacks to tighten its wide discount.
Rathbones has poached Jeremy Stanyer, a specialist in private client investment management from Williams de Broe, for the position of investment director at its Aberdeen office.
Quarter three has been good for the sector. It has made strong progress, both in absolute terms and relative to the FTSE 100.
North East-based asset manager Wise Speke is to change its name to match that of its parent company B...