The chief executive of Asset Management has said the sale of his business by to private equity firm Oaktree will accelerate the pace at which is conducts adviser acquisitions.
LONDON, Sept 19 (Reuters) - CloseBrothers Group (CBRO.L), opens new tab has agreed to sell its wealth management unit, CloseBrothers Asset Management (CBAM), to private equity firm Oaktree ...
Revenue: UK£926.8m (up 15% from FY 2023). Net income: UK£89.3m (up 10% from FY 2023). Profit margin: 9.6% (in line with FY 2023). EPS: UK£0.60 (up from UK£0.54 in FY 2023). Cost-to-income ratio: 71.0% ...