People Moves

Brooks Macdonald Hires Media Star As Head Of Investment Strategy

Wendy Spires Group Deputy Editor London 24 February 2012

articleimage

Brooks Macdonald Asset Management has named Gemma Godfrey as an investment director and head of investment strategy.

Based in London, Godfrey will join the firm’s investment committee, which will see her take a place on the asset allocation committee. Under this part of her remit she will lead the development and communication of the firm’s economic research and she is also charged with building Brooks Macdonald’s social and print media profile. As part of these efforts the firm recently signed a sponsorship deal with Middlesex County Cricket Club, as previously reported by WealthBriefing.

Godfrey joins Brooks Macdonald from private client wealth manager Credo Capital, where she chaired the investment committee. Before this she was a fund manager at Julius Baer and was responsible for Latin American investments at GAM.

Godfrey is a well-known media figure; she is an official CNBC contributor and also regularly provides financial commentary for Sky News, the BBC and in the Daily Telegraph. She is, however, a quantum physicist by background.

Brooks Macdonald said it views Godfrey’s appointment as an important strategic hire for its London business.

“Her excellent communication skills, media contacts and investment expertise will be a real asset to the group in our internal and external communications for 2012 and beyond,” said Nick Holmes, Brooks Macdonald’s joint managing director.

In its most recent results, Brooks Macdonald said trading in the half-year period to 31 December 2011 was “in line” with company expectations.

The acquisition of the Clarke Willmott investment management team, completed on 31 October, brought a total of £114.4 million ($180 million) of discretionary client assets.

At the end of last year, discretionary funds under management stood at £3.205 billion, a rise of 11 per cent compared to 30 September 2011, and up 8 per cent compared to the period ended 30 June 2011.

Register for WealthBriefing today

Gain access to regular and exclusive research on the global wealth management sector along with the opportunity to attend industry events such as exclusive invites to Breakfast Briefings and Summits in the major wealth management centres and industry leading awards programmes