Old Mutual Wealth has exchanged contracts for a takeover of adviser network Caerus via its own network Intrinsic, the company has announced.
In a note to investors this morning the company said it had made an offer for Caerus, which was accepted unanimously by the board. However, the proposed acquisition, which is expected to complete in...
Eighth this year
In Scotland and Wales
Purchase announced Monday
36th since 2008
Good News Bulletin
An estimated £2.75bn
Outflows from UK equity funds gathered pace in August, with £2.6bn of assets being pulled from the market area over the course of the month, according to Morningstar’s latest fund flows report.
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