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
Compared to four years ago when the divide between boutique and large licensees were largely equal, adviser movements have seen this trend shift in light of new licensees commencing.
As ongoing market uncertainty sees advisers look beyond traditional equity exposure, Fidante has found adviser interest in small caps and emerging markets for portfolio returns has almost doubled since April.
CoreData has shared the top areas of demand for cryptocurrency advice but finds investors are seeking advisers who actively invest in the asset themselves.
With regulators ‘raising the bar’ on retirement planning, Lonsec Research and Ratings has urged advisers to place greater focus on sequencing and longevity risk as they navigate clients through the shifting landscape.

