Buxton business plans trust IPO
Investors ruminate on first trust from Merian Global Investors
Investors ruminate on first trust from Merian Global Investors
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But the fund group’s future will depend on the strength of its UK equities brand
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Richard Buxton has reneged on his view that UK GDP will hit 2% this year, but believes the domestic economy has hit a low point and will accelerate from here to the benefit of UK stocks. Watch the video below to find out more from the head of UK equities at Old Mutual Global Investors.
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Old Mutual Global Investors head of UK equities Richard Buxton has outlined his biggest worry about global markets. Find out what this is by watching the video below.
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Old Mutual Global Investors has been renamed as Merian Global Investors, the firm announced today.
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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.
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Old Mutual Global Investors has ditched its absolute return fixed income desk as the firm’s management buyout looms, losing five staff and merging two funds due to the changes.
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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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Old Mutual Global Investors CEO Richard Buxton has slammed the cost of predominantly male boards to shareholders as he blames a lack of diversity for poor corporate decision making.
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Old Mutual Global Investor’s single strategy spin out has not taken Richard Buxton’s name for its branding, unlike other boutique brands launched by star fund managers.
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Below-consensus UK GDP growth of 0.1% has caught the City off guard and thrown bullish predictions from the likes of Neil Woodford and Richard Buxton into question.
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Lloyds’ share price remained depressed, despite delivering a good set of first quarter figures, containing higher profits as Payment Protection Insurance (PPI) costs fall.
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