Why Quilter likes to keep it local
Despite focusing solely on the UK wealth management market, the company plans to stay listed on the JSE
26 September 2024 - 08:00
Quilter is an unusual business on the JSE as it is entirely focused on the UK wealth management market.
It was listed on the JSE as a result of the managed separation of Old Mutual. Quilter was previously known as Old Mutual Wealth UK and before that, Skandia UK. It is quite an easy business for South African investors to understand, because its core business is a platform, what we would call a linked investment service provider, similar to Glacier by Sanlam or Momentum Wealth...
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