You’ll be hearing this more and more

Posted on

The FT has reported:

Old Mutual shares rose 6 per cent in early trading on Wednesday after it announced the closure to new business of a troubled unit in Bermuda.

I think we will be hearing a lot more of this. The realisation will grow that offshore destroys value. As a result shareholders will reward those who pull out.


Thanks for reading this post.
You can share this post on social media of your choice by clicking these icons:

You can subscribe to this blog's daily email here.

And if you would like to support this blog you can, here: