City AM
City AM
UK · 47 mins ago

London IPO candidate Utmost sees inflows slide

A wealth firm expected to IPO in London later this year has posted a fall in inflows as a boost generated by last year’s UK government tax shake up tailed off. Utmost, owned by private equity firms Oaktree Capital and Brookfield, recorded £4.4bn of inflows in the first half of the year, down from £5.3bn…
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