Wealth Manager - the site for professional investment managers

Register to get unlimited access to 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.
Citywire TV
Play Liontrust ESG head says sustainable investment doesn't mean low return

Liontrust ESG head says sustainable investment doesn't mean low return

Peter Michaelis talks about ethical investment growth and where he sees future opportunites.

Play Are platforms the biggest barrier to wealth manager ETF take-up?

Are platforms the biggest barrier to wealth manager ETF take-up?

Citywire hosted a roundtable discussion to find out how and if wealth managers are using ETFs in their clients' portfolios and the challenges they face trading through different platforms.

Play SVM's Veitch on what's next for banks

SVM's Veitch on what's next for banks

SVM fund manager Neil Veitch is finding value in what he describes as unstable financials and talks through his favourite small caps.

Read More
Your Business: Cover Star Club

Profile: UBS' robo boss on what his tween can teach the industry

Profile: UBS' robo boss on what his tween can teach the industry

Co-head of UBS SmartWealth Shane Williams explains the simple life lessons missed by the first wave of robo pioneers

Wealth Manager on Twitter