Quilter's wholly owned indirect subsidiary Intrinsic has agreed a deal with investment management firm Lighthouse to buy the business for £42.2m.
The deal will see Quilter and its advice arm Intrinsic grow to more than 3,900 financial advisers. Quilter is paying £46.2m in total for Lighthouse but the advice network has £4m in excess cash on its...
Partner Insight: In this environment, a well-resourced credit research team is essential and having traders to keep check on markets is very helpful too, according to Fidelity fixed income managers Sajiv Vaid, Peter Khan and Kris Atkinson
Impact of political turmoil and Brexit
Latest Incisive Works research
In recent weeks, investors have fixated on the inversion of several sovereign yield curves, most notably the US Treasury curve.
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