Twitter icon Email alerts icon Latest News RSS icon Magazine icon Stay connected:

View the article online at

Brooks' FUM to hit £4.5bn on Arch Cru fund manager buyout

by Sarah Miloudi on Nov 16, 2012 at 07:37

'We look forward to welcoming Spearpoint's clients and staff to Brooks Macdonald. There is a good synergistic and cultural fit with our existing growth strategy and business.

'We are confident  the combined group will be a leading presence in UK wealth management and that the acquisition will be immediately earnings enhancing.'

John Davey, chief executive of Spearpoint, also commented on the deal.

He said: 'We are delighted to be joining the Brooks Macdonald Group. There is a strong fit in terms of investment management style and culture.

'Brooks Macdonald's proven marketing and distribution and well established brand provide us with the tools to focus on growth.'

Spearpoint is also known for looking after the Arch Cru funds.

It took over management of the Arch Cru funds in December 2009, charged with a mandate of gaining as much value from investors in the wind-up of the funds.

Sign in / register to view full article on one page

1 comment so far. Why not have your say?

John M via mobile

Nov 16, 2012 at 09:19

"charged with a mandate of gaining as much value from investors in the wind-up of the funds". Yes they certainly did.

report this

leave a comment

Please sign in here or register here to comment. It is free to register and only takes a minute or two.

News sponsored by:

Sponsored Video: Bringing it all back home

As the UK coalition government strives to rebalance the national economy, so called 'reshoring' looks set to play an increasingly important role in economic recovery.

Today's top headlines

Investing for income in a changing environment

With talk on interest rates on the horizon, our latest roundtable debate covers income investing against a changing backdrop

More about this:

Look up the shares

  • Brooks Macdonald Group PLC
    Register or Sign in to receive email alerts for items in your favourites whenever we write about them


On the road

Click here to find out more from the Audience Development team.

Sorry, this link is not
quite ready yet