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.

Walker Crips hires four investment managers

Walker Crips hires four investment managers

Walker Crips has recruited a further four investment managers in recent months following the hires of Barclays brokers Steven Moss and Mark Entwistle and Charles Stanley broker John Fletcher.

The hires were revealed in an interim management statement from the business, with no further details. The company, headed by Rodney Fitzgerald (pictured), was not immediately available for comment.

At 8.35, shares in Walker Crips were up 2% at 48p. 

‘During the quarter, our investment management division further expanded its team with the recruitment of seven investment managers whose clients and revenues will have an impact in subsequent quarters,’ it said in a statement.   

In what the company described as ‘quieter market conditions’ net group revenue rose 12.2% to £3.6 million from £3.2 million previously. Discretionary and advisory assets were up 3% over the three months and 28% on the year at £1.37 billion.

‘Although trading conditions remain uncertain, the board believes that its strategy for asset and revenue growth will continue to deliver positive results over the medium term,’ the company added.

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 Biotech Growth: we will ride out this storm

Biotech Growth: we will ride out this storm

Geoffrey Hsu of Biotech Growth Trust says the sell-off in biotechnology stocks represents a buying opportunity for long-term investors.

Play Sector Spotlight: Kleinwort Benson's Choukeir on UK equities

Sector Spotlight: Kleinwort Benson's Choukeir on UK equities

In our first Sector Spotlight of the year we explore UK equities on the back of the extreme market turbulence in 2016.

Play Picton: the UK property hotspots for rental income

Picton: the UK property hotspots for rental income

Picton Property Income CEO Michael Morris reveals how he is planning to ride the ‘ripple effect’ as UK economic growth spills out from the capital across the country.

Your Business: Cover Star Club

Profile: PortfolioMetrix is on a mission to kill 'Frankenstein' systems

Profile: PortfolioMetrix is on a mission to kill 'Frankenstein' systems

In a buyers’ market for off-the-peg discretionary management, self-funded start-ups begin at an inherent disadvantage

Wealth Manager on Twitter