Wealth and Asset Management
Old Mutual Wealth ready to list as profit soars 40%
Old Mutual Wealth is now ready to list as Quilter, with its annual results showing the company’s pre-tax profits rose by 40% in 2017, driven by “unusually high” performance fees. In its annual results, OMW said adjusted operating profit for 2017 was £363m ($507m, €409m) for 2017, a figure 40%…
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