Brooks Macdonald International has promoted Andrew Prosser to the role of Senior Investment Manager while Peter Davies has joined the firm, also as a Senior Investment Manager – both based in Jersey.
In his role, Andrew takes on responsibility as Co-Head of the Multi Asset Committee which formulates the strategy and asset allocation for the Bespoke and Managed strategies for International.
Additionally, Andrew has taken on the role of Co-Head of the newly acquired Multi Strategy Funds as part of the Lloyds acquisition. He also assumes a risk monitoring role as well as a commercial role for the business, ensuring portfolios and processes are operated in an efficient manner.
Having worked in financial services since 2012, Andrew joined Brooks Macdonald in 2016 having previously worked at Ernst and Young. He was included in Citywire’s ‘Top 30 under 30’ list of UK wealth managers for 2019, is a Chartered Financial Analyst Charterholder and a Chartered Accountant.
Meanwhile, Peter has recently joined the Direct Strategies investment team, which focuses on managing discretionary portfolios invested in direct securities on behalf of a range of clients, with a primary responsibility for strategy, asset allocation, selection and management of client fixed income portfolios. Peter has also become Co-Head of the newly acquired Fixed Income Funds range.
With over 15 years of experience in the financial services industry, including both sales and trading roles at investment banks in London, Peter has previously worked for Morgan Stanley, KBC, Nomura and most recently for HM Treasury, where he held a senior role with the UK Debt Management Office (DMO). In this role Peter provided regular market commentary and analysis to the UK DMO, and HM Treasury.
Peter has an MBA from London Business School, an Advanced Diploma in Management Accounting and holds the Investment Advice Diploma.
Andrew’s promotion and Peter’s appointment are part of an ongoing strategy to strengthen Brooks Macdonald International’s investment management and financial planning teams in the Channel Islands and build on the appointments last year of Ashley Correia as a Private Client Adviser and Rachel Greenaway as an Investment Manager.
Andrew Shepherd, Brooks Macdonald International CEO, said: “We continue to be confident about the future and remain focused on our strategy of reinvigorating the Channel Islands business, including through our recent acquisition of the Lloyds funds and wealth management business, and positioning Brooks Macdonald International as the leading investment manager for private clients, trustees and advisers.
“As part of that drive, we are committed to having the best people and I am delighted to welcome Peter to the team and recognise Andrew with his promotion. With their considerable experience and knowledge, both will play a pivotal role in our growing investment management team”.
