MLC strengthens investment management
In the latest move to beef up their investment management team,MLChas appointed Charles Brooks as investment analyst.
Brooks was previously investment manager at United Funds Management, following its sale to SMF Charles, and held full responsibility for the implementation of both multi-manager sector and diversified products.
According to MLC, Brooks has a strong background in all aspects of funds manager, including multi-manager style portfolio management, funds operations and client communications, and having worked in both Australia and the UK, will bring an international perspective to the team.
Brooks has followed former United founder and chief investment officer Susan Gosling to MLC, after she was appointed to the role of investment manager in December last year.
Gosling was the founder and chief investment officer of United Funds Management which she formed in 1996 after leaving Advance Asset Management as its chief investment officer.
She has also previously held the role of general manager of risk management with Commonwealth Funds Management and has specialist experience in the private equity asset class.
Recommended for you
The FSCP has announced its latest verdict, suspending an adviser’s registration for failing to comply with his obligations when providing advice to three clients.
Having sold Madison to Infocus earlier this year, Clime has now set up a new financial advice licensee with eight advisers.
With licensees such as Insignia looking to AI for advice efficiencies, they are being urged to write clear AI policies as soon as possible to prevent a “Wild West” of providers being used by their practices.
Iress has revealed the number of clients per adviser that top advice firms serve, as well as how many client meetings they conduct each week.