CLOSE Brothers Asset Management has recruited an investment director to its Edinburgh team as it aims to grow in the market to provide services for high net worth clients in Scotland.

Michael Barr has joined Close Brothers Asset Management after spending seven years at the Brooks Macdonald investment management firm. He previously worked in the Channel Islands operation of accountancy giant Ernst & Young.

Edinburgh investment firm recruits heavy hitter as it eyes growth

Martin Andrew, chief executive of Close Brothers Asset Management, noted Mr Barr has expertise in managing charity funds and handling private clients’ needs. He said the appointment would help enhance the firm’s high net worth proposition in Scotland in support its growth plans across the UK.