Old Mutual Wealth names tech chief
Old Mutual Wealth has announced the appointment of Leon Deist as its chief information officer as its upcoming split from Old Mutual approaches.
Old Mutual Wealth has announced the appointment of Leon Deist as its chief information officer as its upcoming split from Old Mutual approaches.
Old Mutual group CEO Bruce Hemphill is to step down from his role as chairman of its Wealth division, ahead of its managed separation.
Old Mutual shares slid by 5.9% to 212p and were the worst FTSE 100 performer Thursday morning after disclosing a 31% profit hit at Old Mutual Wealth in its interim results.
Old Mutual Wealth has agreed to sell its Italian business to European private equity firm, Cinven for €278m (£236m, $308m).
Old Mutual Wealth is set to be spun out of its parent group and floated on the London and Johannesburg stock exchanges as part of Old Mutual’s four-way demerger.
Old Mutual Wealth Private Client Advisers has struck a deal to acquire financial planning firm DQS Financial Management.
The break-up of Old Mutual is picking up pace with the company close to a deal to sell the United States part, Old Mutual Asset Management, according to reports.
Old Mutual Wealth has appointed Steven Braudo as chief operating officer, effective 1 June 2016.
Old Mutual Wealth has bolstered its regional presence with the appointment of Ed Peck and Russell Bignall.
Strong growth in pension investments helped boost assets managed by Old Mutual Wealth’s WealthSelect service through the £2bn mark.
Old Mutual Wealth has declared itself a vertically integrated business with its discretionary and advice services, funds and a platform…
A number of US private equity firms are preparing bids for Old Mutual’s wealth division, with two funds rumoured to have already teamed up to make an offer, The Sunday Times has reported.