Quilter reports jump in profit despite global market turmoil

  • 📰 BDliveSA
  • ⏱ Reading Time:
  • 21 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 12%
  • Publisher: 63%

Belgique Nouvelles Nouvelles

The assets under management and administration of Old Mutual’s former wealth management unit fell more than 10% in 2022

London-based Quilter, Old Mutual’s former wealth management business, grew its profit in 2022 despite the turmoil in global markets, which led to a drop in the value of assets overseen by the global asset-management industry.

The profit after tax of the company, valued at R27.7bn on the JSE, rose 13.6% year on year to £175m in its 2022 results for the year to end-December...A subscription helps you enjoy the best of our business content every day along with benefits such as articles from our international business news partners; ProfileData financial data; and digital access to the Sunday Times and TimesLive Premium.

 

Merci pour votre commentaire. Votre commentaire sera publié après examen.
Nous avons résumé cette actualité afin que vous puissiez la lire rapidement. Si l'actualité vous intéresse, vous pouvez lire le texte intégral ici. Lire la suite:

 /  🏆 12. in BE

Belgique Dernières Nouvelles, Belgique Actualités