Quilter quits life assurance with £425mln sale to ReAssure
The wealth management group, which was spun out of Old Mutual a year ago, also reported 5% growth in first-half profits
Company
Quilter PLC
LON:QLT
Quilter PLC, formerly known as Old Mutual Wealth Management Limited, is a financial services company formed to take over the UK wealth management business of Old Mutual PLC after its separation of business.
32 stories · page 2 of 2
Quilter mulls sale of heritage life assurance business
The company is undertaking a strategic review of Old Mutual Wealth Life Assurance
Tavistock Investments terminates strategic alliance with Lighthouse Group
The group said the termination was due to the indefinite postponement of agreed marketing activities as a result of Lighthouse’s takeover by FTSE 250 firm Quilter
Archive
Proactive news snapshot: HemoGenyx Pharmaceuticals, Cadogan Petroleum, BigDish …
A glance at some of the day's highlights from the Proactive Investors newswire
Old Mutual suspends chief executive following "material breakdown in trust and confidence"
Investors will be hoping that the group will provide more details on the abrupt move at its Annual General Meeting on Friday afternoon to be held in Sandton in South Africa
Investments and investor services
Quilter's assets under management grow even as Brexit uncertainty hurts investor sentiment
“As indicated in our full-year results, net client cash flows have continued to be affected by the challenging markets," chief executive, Paul Feeney, said
Quilter proposes inaugural final dividend after 2018 profit and revenue rises despite tough markets
The FTSE 250-listed firm posted pre-tax profit of £163mln, a turnaround from a £54mln loss the previous year, as one-off charges dropped to £70mln in 2018 down from £263mln in 2017
FTSE 100 edges higher ahead of big Brexit vote
"It’s over. The deal and perhaps May’s premiership. The DUP & the ERG & Cox have seen to that. What’s extraordinary is that no-one knows what happens next," tweeted the BBC's Nick Robinson
Archive
If Theresa's May's plan is voted down again, the Brexit can might be kicked further down the road
Tuesday will also bring the latest UK GDP growth data, a day ahead of the Chancellor's Spring Statement, as well as results from Domino's Pizza, G4S, and Cairn Energy
Quilter blames weak investor sentiment for drop in quarterly cash flow
"Over the last quarter more volatile investment markets and geopolitical uncertainty have contributed to weaker investor sentiment resulting in a market-wide reduction in net retail flows,” said chief executive Paul Feeney
Finance houses no longer appear to love asset managers; why should you?
Suddenly, it's all the rage for insurance companies to offload their asset management businesses. Does this signify the top of the market?
Quilter shares on the up following maiden results, special dividend
Quilter's CEO believes the company is making progress but is some way from demonstrating its full potential