Group 1 - Brooks Macdonald has appointed Will Hobbs as the new Chief Investment Officer (CIO), effective from 7 April 2026, pending regulatory approval [1][2] - Will Hobbs has over 20 years of experience in managing global portfolios and investment strategies, previously holding senior roles at Barclays [1][2] - The firm reported total funds under management and advice of £20.1 billion ($26.8 billion) as of 31 December 2025, marking a 5% increase from £19.1 billion at the end of June 2025 [3] Group 2 - Underlying profit before tax for the six months ended 31 December 2025 was £13.6 million, with a profit margin of 23.4% [3] - Revenue for the same period reached £58.2 million, reflecting a 12% increase, primarily driven by growth in financial planning and fee income [3] - The appointment of Hobbs is seen as a strategic move to enhance investment performance, product innovation, and client service at Brooks Macdonald [2]
Brooks Macdonald appoints new CIO
Yahoo Finance·2026-03-26 11:53