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EXCLUSIVE: Multrees Wins Deal From UK's Brompton AM
![EXCLUSIVE: Multrees Wins Deal From UK's Brompton AM](https://wealthbriefing.com/cms/images/app/People/chris-fisher.jpg)
The Brompton business was founded by John Duffield in the aftermath of the 2008 financial crash. Duffield has founded and chaired two prominent businesses in the UK fund management industry, Jupiter Asset Management and New Star Asset Management.
Multrees
Investor Services, the UK-based provider of outsourced
platform, investment administration and custody services, has
been appointed by Brompton
Asset Management to provide custody and administration for
the UK firm’s private clients and platform technology.
Under the arrangement, Multrees will provide a customised client
portal, a platform and bespoke client reporting. Brompton’s use
of Multrees means that it has less need for multiple processes
for various custodians and can streamline the work into a single
instruction.
Brompton Asset Management specialises in managing multi-asset
portfolios on behalf of strategic financial intermediary
partners, charities, mutual fund investors and private clients as
well as offering direct real estate investment services. The
business was founded in 2009 by John Duffield and senior
colleagues who worked with him at Jupiter Asset Management and
New Star Asset Management.
"Multrees has a proven track record in servicing family offices,
institutions and private wealth managers with multi-jurisdiction
requirements. As our business grows, our clients benefit from our
use of innovative technology providers and administrators. The
experience and expertise of the Multrees team and our shared
priority in providing clients with excellent service should
ensure a successful partnership,” Duffield said in a
statement.
Chris Fisher, CEO at Multrees (pictured) said: "Brompton's
significant success and growth over the past decade has led to an
operational challenge of managing multiple clients across a
variety of custodians, jurisdictions, currencies and types of
assets. We are delighted to be able to support this growth with
our unique, integrated technology and service capabilities.”