Pension platform eyes IPO
With clients among the first in line to be offered the opportunity to invest
With clients among the first in line to be offered the opportunity to invest
Which could encourage global insurers to enter the fast-expanding market, says Fitch Ratings
As it prepares for a minority initial public offering of the American annuity firm
It could change the law to make this happen
Share price jumps almost 80% since IPO
Once listed, the company will be the fourth life insurer in India to go public
Smithson Investment Trust more than doubles IPO target to £600m
Quilter employees were among the main beneficiaries when the insurer floated on the London and Johannesburg stock exchanges on Monday following its demerger from Old Mutual.
Neil Woodford saw his stake in an unquoted cancer treatment company jump $35.4m (£26.6m, €30.3m) in his investment trust on Friday as it announced pricing on its initial public offering.
Commonwealth Bank of Australia is to list its Colonial First State Global Asset Management business in a deal that analysts predict could net as much as A$4bn (£2.2bn, $3.1bn, €2.5bn).
Invesco Perpetual is expected to cut its 44% stake in AJ Bell, alongside second-largest shareholder Andy Bell, to make it easier for smaller investors to get in on the firm’s IPO.
IFA adviser SimplyBiz is floating on the London Stock Exchange’s Alternative Investment Market (Aim) next month.