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Brewin Dolphin: we won’t dump good funds on price grounds

Brewin Dolphin: we won’t dump good funds on price grounds

Stephen Ford, head of investment management at Brewin Dolphin, has said the firm will not let fund pricing dictate its investment selection, warning on the longer-term impact of a race to the bottom among asset managers.

‘We will not push hard for a race to the bottom, nor jettison premium funds that we judge best placed to achieve the desired outcome for our clients – the total net return to investors is the important figure to watch,’ Ford (pictured) said.

Ford noted that in any case Brewin Dolphin, with £30 billion of funds under management, had ‘considerable scale’ to negotiate fees with asset managers.

Brewin Dolphin published its own national charging structure in 2012, and Ford welcomed today’s announcement on pricing from Hargreaves Lansdown as adding to the competitive landscape.

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Profile: The opportunity set that attracted Brett Williams to wealth management

Profile: The opportunity set that attracted Brett Williams to wealth management

Brett Williams is best known for helping to build some of the biggest platforms in the IFA market.He made the move over to wealth management to head SEI’s UK business earlier this year in the belief that this is where the best opportunities now lie.

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