- Management buy-out of Investments Solutions (UK) completed
- New, independent business rebranded as Mobius Life
- Souter Investments supports the deal
The management of Investment Solutions (UK) Limited is delighted to announce that it has completed a management buyout, following receipt of Prudential Regulatory Authority approval.
The independent business has been rebranded Mobius Life.
Mobius Life provides bespoke investment platform solutions to both defined benefit and defined contribution pension schemes and their advisers.
Adrian Swales, CEO, Mobius Life Limited commented: “We are excited to announce the start of the next chapter for our company and the launch of our new brand Mobius Life. As an independent business, Mobius Life will continue to provide clients with the outstanding service and bespoke solutions they are used to, with the comfort of complete independence and the support of committed UK financial backing.”
Rapidly gaining its own independent position in the market, Mobius Life has grown assets to over £3bn. The buyout was supported by Souter Investments, the family investment office of Sir Brian Souter.
Mr Swales added: “We have been working hard over recent months to develop a name and logo that best represents the nature and future of our business. Both the name and logo of Mobius Life have been inspired by the Mobius strip – a simple yet extraordinary, continuous one-sided form typically compared to the infinity symbol. A new name, but not a new start, that represents our independent, straightforward way of thinking and the wide ranging solutions available to our clients.”
Sir Brian Souter, Chairman of Souter Investments, commented: “We are delighted to support Mobius Life and its management team as it continues its growth. We expect this to continue into the future as a strong, independent business.”
For further information please contact:
Chris Trebilcock – Managing Director, Mobius Life Limited t: 0207 847 3330
AdrianSwales – CEO, Mobius Life Limited t: 0207 847 3303
For further information about us and our new logo please go towww.mobiuslife.co.uk
Investment Solutions Limited changed name to Mobius Life Limited on 3 February 2014.
Information on Mobius Life
Established in 1997, Mobius Life Limited started out as Liberty International Pensions Limited, then Schroder Pensions Limited in 2000, before becoming Investment Solutions Limited from 2003 to December 2013. In late January 2014, the group became independent following a management buy-out.
Mobius Life success continues to grow and is on track to more than double its assets to in excess of £4 billion this financial year (31 March 2014). Following this year’s success we are well on the way of achieving our objective of becoming the market leading institutional investment platform.
Mobius Life Limited is aUKlife insurance company authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and the Prudential Regulation Authority. We operate an institutional investment platform specifically configured to meet the needs of advisers to defined benefit and defined contribution pension schemes. By providing modular services, we create bespoke services for each scheme adviser, enabling them to best implement their ideas for their clients' specific needs. In theUnited Kingdom, Mobius Life has evolved to provide a range of services to advisers with a key focus on institutional solutions.
Mobius has 3 core services it offers to the UK Pension market place:
1. Institutional Investment Platform
We provide a full service investment platform forUKpension schemes, providing transition management, unitisation and implementation services for schemes and their advisors. Being experts in investment administration we provide a highly governed solution which reduces risk and provides aggregation benefits.
2. Flexible Institutional Defined Contribution Investment Administration platform
Working with large defined contribution pension schemes we are able to provide a custom investment administration service, which enables quick and efficient implementation of their investment advice. Saving time and energy and reducing risk through our highly governed service
3. Pension Tax efficient Fund wrapping for Investment Managers
Utilising our life company structure we are able to access favourable tax benefits typically only available to pension schemes investing directly into underlying securities. In this way we can provide a pooled fund available toUKpension schemes quickly and efficiently compared to other solutions available.
About Souter Investments
Souter Investments is the family investment office of Sir Brian Souter, co-founder and Chairman of Stagecoach Group plc. It makes investments across a broad range of asset classes, with a primary focus on private equity.
Holdings in unquoted companies include:
- Baywater Healthcare, a leading homecare provider, serving more than 33,000 patients in the UK and Ireland;
- Virgin Mobile Latin America, a mobile virtual network operator in Chile and Columbia;
- PolskiBus.com, a Polish express intercity coach operator;
- New Zealand based public transport operators Mana Coach Services, Howick and Eastern Buses and Fullers Group; and,
- Alexander Dennis, the UK’s leading bus and coach manufacturer.
Souter Investments’ recent exits include the sale of luxury yacht manufacturer Sunseeker to Chinese conglomerate Dalian Wanda, the IPO of general insurer the esure Group on the London Stock Exchange, and the sale of biofuel manufacturer Argent Energy to John Swire & Sons (Green Investments).