Old Mutual Wealth is planning to turn around its Skandia platform by halving costs as a proportion of FUM after the business made a £5m loss in the first half of 2012.
Old Mutual Wealth (OMW) chief financial officer Mark Satchel has revealed to investors the platform business sustained a pre-tax loss equivalent to five basis points of FUM (£10.2m) on an annualised basis....
'Informal proposal' to merge with RIT Capital
Henderson's head of European equities, John Bennett (pictured), and director of European equities, Tim Stevenson, discuss the main drivers for European companies in the current environment.
Bull and bear points from SLI's Curran
Forests do many things for us all – they scrub carbon from the air, provide a flexible building material and mitigate flood risk, according to Gresham House's Richard Davidson.
Passive fees under pressure