Market's view on Quilter
Published on April 2024
- Positive sentiment is noted following a strong update, with expectations of stock price reaching 120p soon.
- Discussions on the importance of providing alternative views when down voting posts on the forum.
- Speculation about the company being a potential takeover target due to its attractive dividend yield and perceived potential.
- The performance of the company compared to Aberdeen, especially in terms of assets under management, is discussed, highlighting Quilter’s focus on being an advice-led business.
- There are concerns about the costs affecting retail customers, including charges from investment management and advice fees, which could impact real returns.
- Optimism is expressed following Quilter’s interim results showing a 25% increase in adjusted profit and various growth and efficiency initiatives.
- Some watchers express concern over the market trends moving towards ETFs and the impact on the company’s stock price.
- Discussions about the consolidation in the UK wealth management sector and the potential for a bid due to attractive dividend yield and valuation.
- There’s a mention of personal investment in the company’s stock at a perceived low price, indicating undervaluation.
- Concerns are raised about the falling market and its impact on assets under management, with speculation on how much further the stock might fall.
- A broader discussion is had on the shift from wealth managers to lower-cost index trackers, and the challenges faced by fund managers in outperforming the index.