Quilter to pay out £221m on OMGI sale
Short-term performance in remaining multi-asset strategies falters
Managed Separation
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Paul Feeney: We don’t want to be a firm of just bald blokes
Quilter chief executive Paul Feeney has admitted the company is “behind the eight-ball” on gender diversity as it floats on the London and Johannesburg stock exchanges on Monday following its demerger from Old Mutual.
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Quilter rallies after £2.7bn listing
Quilter’s successful listing on the London Stock Exchange this morning provides validation for the platforms industry as its shares rally 9.3% in early trading.
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Buxton’s single strategy sale approved
Quilter has received regulatory approval for the sale of Richard Buxton’s £27.5bn single strategy funds business as the wealth management business sets an indicative price range for its float later this month.
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Quilter chair buys shares ahead of managed separation
Quilter’s independent non-executive chairman Glyn Jones has invested over £645,000 in Old Mutual as details around the firm’s managed separation are finalised.
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Old Mutual shareholders green light managed separation
Old Mutual shareholders have voted in favour of the company’s much-heralded managed separation at a meeting in London.
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Old Mutual C-suite step back as managed separation finalised
Old Mutual chief executive Bruce Hemphill and chief financial officer Ingrid Johnson have resigned from their board positions at the group as details on the final legal process for the managed separation are announced.
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Old Mutual Wealth drops name in favour of Quilter
Old Mutual Wealth is to be renamed Quilter PLC once its managed separation from the wider Old Mutual group completes next year.
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Old Mutual Wealth cashflow up 92%
Strong cashflows and solid performance saw Old Mutual Wealth’s (OMW) funds under management rise 14% in the year to date, with its net cashflow soaring 92% higher than during the same period in 2016.