09/18/2017
The unit will list on the London Stock Exchange, with a secondary listing on the JSE, following the release of Old Mutual plc’s annual results in March and in order to complete the group’s managed separation.
09/18/2017
The company had earlier taken on short term bridging finance in order to repay a tranche of convertible loan stock.
09/18/2017
Harrods Bank found favour with wealthy clients from the Middle East, in particular rich Saudis, who held accounts to fund their shopping sprees on their annual summer visits to London.
09/18/2017
Fund managers will be charged a fee to be on the platform.
09/18/2017
The four remaining funds are Absolute Return, Global Fixed Income, US Convertible Debt and Active Precious Metals.
09/15/2017
This additional expertise in the Capital Markets sector will have a significant impact on our Alternative Investments division
09/15/2017
To do that effectively and efficiently, we need to choose.
09/15/2017
Old Mutual is reportedly aiming to sell the business for at least £500m.
09/14/2017
Tom Sheridan, CEO at 7IM, says conversations with advisers highlighted that using ‘unconstrained’ in the fund’s name inferred it was a higher risk product than is actually the case.
09/14/2017
It also revealed that Old Mutual had put £200 million into the wealth arm to prepare it for its planned spin-off.
09/14/2017
We highlight the major events at the company since it abandoned initial float plans.
09/14/2017
The new division will offer the benefits of independent securities market services while taking advantage of its banking foundation.
09/14/2017
The launch of the Long-Term Investment Solutions platform, and the first close of BSIF on 16 June 2017 at £150 million, was a milestone for the Group.
09/12/2017
Hellman & Friedman is among a group of investors being asked to look at bids for part of OMGI, Sky News understands.
09/11/2017
The report also suggested tougher regulation to stop private banks helping the wealthy evade tax has hit earnings.
09/11/2017
The need for mortgage advisers to have a wider knowledge of financial planning has been highlighted by much of the industry to help support later-life lending in particular.
09/11/2017
Members of STEP assist families in all aspects of future planning, including wills, inheritance, the vulnerable and estate management.
09/08/2017
The bank thought it would be a good idea to expand a unit making loans secured by the jewels. Now it wants out.
09/08/2017
But many of the affected banks will ultimately have to exit the market, the study concluded.
09/08/2017
The partners in Lockhart will all be co-investing with clients of the firm in each of the investments.