Keith Carby: 'we are not in exit mode'

The reports regarding talks with Skandia appeared in the trade press on Friday afternoon. Carby would neither confirm or deny the reports but explained that the company had conducted many talks with other companies this year regarding the possibility of part acquisition. He also said that Caerus had not initiated any of the conversations. "We have been in serious talks with around a dozen companies since January, these include product wrappers, platforms and fund managers. "We have had good press, no legacy or liabilities and so of course we're attractive. "But we have been appr...