Quilter to sell international business to Utmost for £483m
1st Apr 2021 07:30
(Sharecast News) - Quilter has agreed to sell its international business to life assurance company Utmost for around £483m as it looks to simplify the group and focus on its higher growth UK wealth management business.
Read moreQuilter swings to profit as it completes transformation programme
10th Mar 2021 08:09
(Sharecast News) - Quilter reported full-year results ahead of market expectations on Wednesday, with adjusted profit before tax on a continuing management basis falling to £168m from £182m.
Read moreJP Morgan stays 'underweight' on Ashmore and Hargreaves Lansdown due to valuations
12th Jan 2021 13:04
(Sharecast News) - Analysts at JP Morgan reiterated their 'underweight' stance on shares of asset managers Ashmore and Hargreaves Lansdown, arguing that their valuation premium versus peers was too generous.
Read moreQuilter considering sale of international operations
10th Dec 2020 17:09
(Sharecast News) - Quilter, formerly Old Mutual Wealth Management, confirmed on Thursday that it is considering selling its international operations.
Read moreFriday broker round-up
20th Nov 2020 13:13
(Sharecast News) - Quilter: Barclays initiates at equal weight with a target price of 140p.
Read moreBarclays starts coverage of investment platforms, likes IntegraFin
20th Nov 2020 09:35
(Sharecast News) - Barclays initiated coverage on AJ Bell, Quilter and IntegraFin on Friday, as it noted that UK investment platforms have traded at high multiples since their debuts in 2018, reflecting attractive structural assets under management growth.
Read moreQuilter Q3 results 'steady', net flows 'substantially' higher
21st Oct 2020 08:05
(Sharecast News) - Wealth management firm Quilter reported a somewhat steady third quarter on Wednesday, with substantially improved net flows.
Read moreFCA probes Quilter's Lighthouse unit over pension advice
5th Jun 2020 13:11
(Sharecast News) - Quilter said its Lighthouse Advisory Services business was under investigation by the financial regulator for giving poor advice to pension customers about transferring out of defined benefit (DB) schemes.
Read moreQuilter to press on with divi, share buyback
21st Apr 2020 08:00
(Sharecast News) - Wealth management firm Quilter will still push ahead with its final dividend and share buyback scheme despite recent coronavirus-fuelled volatility in markets.
Read moreQuilter remains upbeat after 'pivotal' year
11th Mar 2020 07:27
(Sharecast News) - Quilter reported a year of "significant" strategic progress in its full-year results on Tuesday, with its underlying profit performance ahead of market expectations as it returned ?375m of capital.
Read moreThursday broker round-up
30th Jan 2020 15:04
(Sharecast News) - IG Group Holdings: Liberum Capital downgrades to hold with a target price of 695p.
Read moreShares jump as Quilter scores return to net inflows
29th Jan 2020 13:30
(Sharecast News) - Wealth manager Quilter beat expectations on Wednesday after the end of 2019 saw it return to net inflows.
Read moreLiberum raises price target on Quilter
7th Jan 2020 10:46
(Sharecast News) - Analysts at Liberum upped their target price on financial services company Quilter from 159.0p to 185.0p on Tuesday on the back of the "good news" that a "substantial" cash return was in the pipeline.
Read moreQuilter preparing capital return as life assurance sale completes
2nd Jan 2020 07:46
(Sharecast News) - Quilter confirmed on Thursday that the sale of Quilter Life Assurance to ReAssure Group completed on 31 December.
Read moreQuilter's gross sales drop as investment managers walk
23rd Oct 2019 08:36
(Sharecast News) - Wealth manager Quilter saw a dip in gross sales in the third quarter despite reporting improved assets under management and administration.
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