Quilter (#QLT) – 2025 adj. EPS +4% to 11.4p, DPS +7% to 6.3p, argues “strong momentum… excellent growth opportunities ahead”

Quilter (#QLT) – proposed £483m sale of Quilter International

Quilter (#QLT) – completion of Quilter Life Assurance disposal & a proposed capital return to shareholders

Two-way pull at Quilter...but I might be right for the wrong reasons...

Regular readers will know I am a fan of spin-offs and I loved up the opportunity in Quilter (QLT) which was spun-out of Old Mutual (OMU) a little over thirteen months ago, most recently in this article here. From my original piece it has not been the greatest call but given that any wealth manager is a geared play on the financial markets to some degree (recurring fees are levied on portfolio values typically) there has been plenty of trading scope – getting yourself some Quilter shares for Christmas late last year would have been nicely remunerative. Today's half-year numbers have their good and bad components…

Quilter (#QLT) – agrees sale of life and pensions business for £425m

Quilter continues to empire build

Steve already talked about the offer for the financial advisory concern Lighthouse Group (LGT) HERE and I would recommend you read his wise words. I am going to take a slightly different perspective, looking at the deal from the perspective of the acquiring entity Quilter (QLT) (technically Lighthouse Group is being acquired by a wholly-owned indirect subsidiary of Quilter), which I last wrote about HERE...

Could my Quilters call finally be heading in the right direction?

Back in early August I loved up the opportunity in Quilters (QLT) which I believed would offer scope for share price appreciation on the basis any spin-off should bolster entrepreneurial belief.  The share price chart is some form of a scorecard and - on this basis - it was a bum call.  Clearly the macro backdrop and volatile stock markets of the last four or five months of 2018 did not help, as it inevitably crushes the capability of wealth managers to earn as big investment management fees either through the value of a portfolio or via new customers rolling up to have their savings managed.  No surprise then to see the shares show a bit of bounce back performance in 2019 given the better headline markets. 

Quilter - spin-off opportunity?

I loved up Old Mutual (OMU) as an African-influenced play a couple of UK Investor Shows ago, but what ultimately pushed the shares up was that it split the business into its constituent parts including the wealth management business Quilter (QLT) – which announced its inaugural independent results today.