06/02/2017
Old Mutual Wealth completes buying UK wealth manager
The acquisition sees Old Mutual Wealth build on its controlled distribution strategy in the UK by adding over 300 financial advisers to the Intrinsic network. In total, around 3,700 advisers are now authorised through Intrinsic.
06/02/2017
The combined deals could eventually amount to more than £10m of investment on the part of the acquisitive AFH.
06/01/2017
One-sixth of the initial payment is in AFH shares.
06/01/2017
Vuignier believes there is plenty of growth to be had in the hedge fund space and has guided the firm to focus its attentions on the sector.
06/01/2017
But he said UK shares have continued to rise, helped by their high exposure to overseas assets.
06/01/2017
Charles Stanley agreed to the sale on April 11, which is in line with the company's strategy to focus on its wealth investment management activities.
05/31/2017
The fund invests in high quality, large-cap companies in emerging market economies.
05/30/2017
UBS wants to lift its share of women in management to one-third, from 23 percent currently.
05/30/2017
We can take a long-term view and take advantage of this.
05/30/2017
“It is fantastic to be able to stage this exclusive collection of Cayman art to mark our anniversary in this way
05/27/2017
Having qualified as a private client manager in 2014, Oliver joined Brooks Macdonald two years ago.
05/26/2017
But also to audiences, the local community and to the Welsh creative and cultural industries.
05/26/2017
The company was updating the markets ahead of its annual general meeting held yesterday in the UK.
05/26/2017
Following public discussions about a possible vote against the plans Old Mutual presented a revised plan which was passed with 93% of votes at last year's AGM.
05/26/2017
Wealth Manager understands that this is an isolated case and should not have wider implications for the bank.
05/25/2017
The listings are likely to take the form of a demerger, benefiting existing shareholders, but "with the possibility of a small initial public offering" for the wealth management division, the company said.
05/25/2017
The move is part of the conclusions reached by the company-wide Strategic Review of its global business operation that began in March.
05/25/2017
Wealth Management net income of $431 million was up $45 million or 12% from a year ago, mainly due to increased earnings resulting from growth in average fee-based client assets which benefited from favourable equity markets, and higher net interest incom
05/25/2017
Former IA chief aims to return 7 per cent with clean energy strategy
05/25/2017
On 27 April, it also announced that it had agreed to sell its 26% stake in Kotak Mahindra Old Mutual Life Insurance to the joint venture partner, Kotak Mahindra Bank.