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Old Mutual Wealth's net client cash flows fell to 900 million pounds ($1.1 billion) in the quarter to Sept. 30 from 2.3 billion pounds a year earlier, Anglo-South African parent Old Mutual said.
Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Old Mutual Wealth has ditched its IT supplier after problems mounted with a planned tech upgrade.
Old Mutual Wealth chief executive Paul Feeney says the business is ready to list as Quilter, as the business reports a 40 per cent increase in adjusted operating profit to £363m for 2017.
Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Old Mutual Wealth is to rebrand as Quilter when it floats in next year. The company said on Wednesday ahead ...
Old Mutual Wealth has seen the cost of migrating its platform to IFDS soar from the £160m originally budgeted to £250m. Its half-year results, published today, reveal the project to outsource ...
Cape Town - Old Mutual Wealth has reached a conditional agreement to acquire financial adviser network Caerus Capital Group, the JSE's news service announced on Tuesday. The proposed acquisition is ...
Old Mutual Wealth was valued by analysts earlier in the year at 3-4 billion pounds ($4.01-$5.35 billion). Hemphill said despite recent market fluctuations following last week's referendum vote for ...
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