OMGI unveils name change
Old Mutual Global Investors has been renamed as Merian Global Investors, the firm announced today.
Companies
-
-
The Share Centre ups Woodford Patient Capital stake
The Share Centre’s investment director Sheridan Admans has upped his stake in Neil Woodford’s Patient Capital Trust for the Multi Manager Adventurous fund.
-
Tilney profits double over 2017
Tilney Group’s profits doubled from £43m in 2016 to £86.6m for the year to December 2017, boosted by rising assets and fees from financial planning and investment management.
-
FTSE 350 dividend cover hits three-year high
Dividend cover ratio among the UK’s top 350 firms more than doubled over the past year, hitting a three-year high, research has found.
-
Smith & Williamson overhauls remuneration ahead of IPO
Smith & Williamson has announced changes to its remuneration policy as it prepares for a listing on the London Stock Exchange by the end of 2019.
-
Nucleus confirms plans to pursue Aim-listing
Platform provider Nucleus confirmed on Monday it is pursuing a listing on the alternative investment market (Aim) with trading to commence in late July.
-
European Wealth rebrands as losses widen
European Wealth’s string of losses continues following a major overhaul of the business, which will see it rebrand to take advantage of what it sees as a “fragmented” UK wealth management marketplace.
-
Buxton seals £583m spin-out deal with Quilter
Quilter has completed the sale of Old Mutual Global Investors (OMGI) to the single-strategy business’s management team, led by Richard Buxton and private equity firm TA Associates.
-
Tatton M&A plans stall as assets hit £5bn
Tatton Asset Management has drawn in advisers outsourcing investment in light of Mifid II, taking assets close to £5bn, although it admits M&A plans are still “a work in progress”.
-
Liontrust boosts AUM 61%
Sustainable investment and global fixed income products boosted Liontrust’s assets under management by 61%, according to its latest full-year results.
-
BT chairman says finding female board members a ‘conundrum’
BT chairman Jan du Plessis has come under fire for suggesting it is difficult to find women with sufficient experience to sit on the complex boards of global companies.
-
Polar Capital announces Paris office as ‘Brexit shadow’ looms
Polar Capital has confirmed a raft of changes to the business, including the opening of a Paris location, as it looks to expand its European presence in light of Brexit uncertainties.
