Alexander Forbes: lean money machine?
Market indifference towards Alex Forbes is changing under a new CEO, and the prospect of chunkier capital returns
15 August 2019 - 05:00
A leaner, capital-light business is steps away for Alexander Forbes, now that it has sold its short-term insurance business to Momentum.
The group, which has seesawed between strategies after acrimonious management changes and mass managerial departures, recently offloaded the insurance unit as part of a plan to retreat from retail operations...
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