Quilter has reported increased profits and improvement in operating margins for 2018 - the year it completed its managed separation from Old Mutual - but it was not immune from the investor exodus, reporting flows were down 38%.
In the firm's maiden results, for the year to 31 December 2018, net client cash flows (excluding Quilter Life Assurance) dropped to £4.7bn - down from £7.6bn the year before - while assets under management/administration...
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