Two Australian financial services firms have engaged in a £550m bidding war for Old Mutual Global Investors (OMGI), the asset management arm of Old Mutual, according to reports.
Challenger and Macquarie Investment Management are two of a "small handful" of bidders for the £25bn stake in the asset management arm of the Anglo-South African financial services group, according to...
Created by 150 individuals
Investor urges fund group to be more cautious on promoting funds
Ahead of 12 December general election
Demerger expected to complete in Q1 2020
Engaging with finances