Dawnay Day Quantum agrees management buyout

DDI, owned by two or Britain's richest men, fell victim to the credit crunch last month and appointed administrators Ernest & Young to restructure a number of its businesses. Mark Mathias, CEO of Dawnay Day Quantum, commented on the buyout: "This transaction represents a combination of continuity and an exciting new beginning. Since the company was founded five years ago, we have always sought to offer our clients investments that give good returns and managed risk. "We have been operating as a stand alone business, independently regulated by the FSA, for some years now and we will co...