Mawer Investments is exploring a $2 Billion Sale
https://www.google.ca/amp/s/mobile.reut ... SKCN1NE2KD
Nov 11th, 2018 8:50 pm
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Nov 12th, 2018 1:28 am
Nov 12th, 2018 5:06 am
Nov 12th, 2018 8:19 am
Nov 12th, 2018 4:43 pm
Nov 12th, 2018 5:51 pm
In one of the articles it said that the employees own it. If they can pocket a couple of billion and each walk with hundreds of millions of dollars... why not?
Nov 12th, 2018 7:55 pm
Nov 12th, 2018 8:49 pm
They must be thinking that their valuation has peaked, if there is a market downturn next year inestors will panic and pull out so the time for them to strike is now. Still they have a very strong brand, I can see a potential bidding war for them between BMO, Manulife, CIBC and RBC with CIBC submitting the highest bid. I just hope we see a Mawer ETF line from whomever buys them.
Nov 12th, 2018 11:57 pm
Nov 13th, 2018 12:10 pm
Nov 13th, 2018 5:57 pm
Another one you could look at is TSX:XWD iShares MSCI World Index ETF
Nov 13th, 2018 7:04 pm
To be clear, no decision has been made to sell the firm.
Nov 14th, 2018 12:02 am
The 1 that comes to mind is Philips Hager & North, since RBC bought them 10 years ago they're far from crap, still around with similar if not lower MER's. Mawer could be the PH&N of CIBC or whoever ends up buying them.harbor81 wrote: ↑ Do the records show that any investment company purchased by a bank has turned to crap? Either by increasing fees, or worsened performance?
Mawer has an online seminar Thursday at 2pm, I am hoping some light will be shed on this matter. I have investments with Mawer and would be nice if things stayed the same.