Wealth and Asset Management
Tilney posts £13.6 million loss ahead of Permira deal
Tilney Investment Management made a £13.6 million loss in 2013, including client redress provision of £7.2 million, ahead of its sale to Permira. The company also had to pay out almost £5 million in a ‘goodwill impairment charge’, £1.9 million in professional fees related to the redress and £1.1 million…
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