Odey wealth arm to be wound down
Money still under management will be returned
Money still under management will be returned
The £11.05 per share offer values Gresham House at £469.8m
Five L&G passive funds in top ten
600 Link staff will join fellow asset servicing firm
Assets dipped 5.8% to £37.4bn in last three months
The firm continues to be underweight risk assets across all ranges
Managed by Ron Baron and Michael Baron
Marks 28 months of consecutive outflows for UK equities
Shareholders will vote on the plan in January 2024
Roland Bagnall joins as UK sales director
Mair takes over from Julian Ide
The investment manager will be in place until 30 April