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
ASIC has launched court proceedings against the responsible entity of three managed investment schemes with around 600 retail investors.
There is a gap in the market for Australian advisers to help individuals with succession planning as the country has been noted by Capital Group for being overly “hands off” around inheritances.
ASIC has cancelled the AFSL of an advice firm associated with Shield and First Guardian collapses, and permanently banned its responsible manager.
Having peaked at more than 40 per cent growth since the first M&A bid, Insignia Financial shares have returned to earth six months later as the company awaits a final decision from CC Capital.