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Quilter reports rise in profits, looks to transform UK platform

While profit was up, the fund manager reported that funds under management were down 1.5%.

Formerly known as Old Mutual Wealth Management, Quilter reported an 11% increase in adjusted profit before tax to 233 million pounds and diluted earnings per share up to 26.50 pence for the year ended December 31, 2018. Quilter CEO Paul Feeney discusses the results with Nompu Siziba, noting that the company was “very happy” with its maiden year results. 

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