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Brooks Macdonald Plans Retail Funds Unit
Brooks Macdonald will roll out a retail funds business.
Brooks Macdonaldwill roll out a retail funds business,What Investmentreports. The new division will be managed bySimon Wombwell, who was recently appointed by the wealth manager.
He joined as non-executive director fromScottish Widows Investment Partnership, where he was head of sales and marketing. Brooks Macdonald’s new fund range will initially be made up ofBraemarfunds that the firm acquired last July, along with four of its existing funds.
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