Wealth Manager - Essential news for investment professionals

Register to get unlimited access to all of Citywire’s Fund Manager database. Registration is free and only takes a minute.

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.

Leave a comment!

Please sign in or register to comment. It is free to register and only takes a minute or two.
Your Business: Cover Star Club

Profile: Psigma's Edinburgh boss on why he is in Scotland long term

Profile: Psigma's Edinburgh boss on why he is in Scotland long term

When Tim Wishart agreed to launch an Edinburgh office for Psigma he was not expecting to  head the company’s first overseas team

Wealth Manager on Twitter