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Em aims to swoop for three mortgage packager firms

Em Financial is looking to snap up three mortgage packaging firms in a bid to take advantage of market conditions.

Managing director Roger Morris says it would keep the brands of the companies acquired but centralise the processing to reduce costs.

He says as Em Financial is a privately owned company, it is easier for it to make acquisitions in the current market conditions.

Morris says: “It has got to be done in the right way but I am positive that we will be able to make a deal in the next couple of months.”

Em Financial recently took over the remaining book of business from rival packaging firm Chase UK following its decision to close down.

Morris says Em Financial has reduced its outgoings by 75 per cent compared with the same time last year.

He says: “We did a managed reduction in employees over the course of last year so we are now down to just 30 people. We used to employ around 100 people. Financially, we are in a good position.”


Swip swops Jupiter fund for JOHCM UK opps

Scottish Widows Investment Partnership has made the first manager change on its fund of funds range by bringing in JOHCM Capital Management’s UK opportunities fund to its select boutiques Fof.

Introducing Trevor Greetham

Ryan Medlock, Investment Proposition Manager, Royal London Royal London Asset Management’s (RLAM) new head of multi-asset is officially up and running. I want to look at what expertise Trevor brings to the table and how this affects the Governed Portfolios (GPs) and Governed Retirement Income Portfolios (GRIPs). Trevor Greetham joined RLAM in April 2015 from […]


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