Quilter reports 50% uptick in year-on-year net flows for Q3
Core net inflows of £1.5bn, representing 5% of opening assets under management and advice
Core net inflows of £1.5bn, representing 5% of opening assets under management and advice
Full half-year results to be released on 13 November
Total outflows increased to £2.1bn in the first half of its financial year
Private equity takeover moves closer to completion
LIFT is headquartered in Greater Manchester, with offices in London and Edinburgh
Firm will acquire £800m of mostly institutional assets from the London-based boutique
Investment professionals and support staff at Cantab will keep existing roles
Some 30% of shareholders have already voted in favour of the sale to Saltus
New trade body will co-ordinate and promote the industry’s interests
‘We are redefining our strategy to reignite growth’, incoming CEO Andrea Montague said in the firm’s annual results
IFRS losses after tax amounted to £56m, compared to a £309m profit during H2 last year
The increase was driven by improved profitability in its General Insurance businesses