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Redwheel

  • London fund manager Redwheel taps bankers for £150m sale

    Investing

    London-based fund manager Redwheel has called in bankers to run a potential sale process which could value the company at more than £150m, City PM can reveal. Redwheel, which manages around $22bn for clients across four equity and bond strategies, has recently begun working with London-based advisers at BNP Paribas to review its options after [...]

    Consultancy sector and AI
  • Asset manager Redwheel buys £1.1bn sustainable investor Ecofin

    Investment

    Asset manager Redwheel has moved to expand into the US with the buyout of sustainable asset manager Ecofin for an undisclosed price.

    Econfin's clients are mainly based in North America, allowing Redwheel to expand into the continent.
  • Royal Mail shareholder slams takeover bid as government comes under fire

    Business

    The second largest independent shareholder in Royal Mail's parent company, International Distributions Services (IDS), has publicly backed the company's rejection of a takeover bid.

    The second largest independent shareholder in Royal Mail's parent company, International Distributions Services (IDS), has publicly backed the company's rejection of a takeover bid.

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