The four-way split of Old Mutual may be big news globally, though for UK observers – and potential acquirers – the more remarkable story is its growing Wealth business.
Old Mutual calls for the government to find ways to decrease the wealth management industry’s regulatory burden, in response to the Financial Advice Market Review.
Old Mutual Wealth’s net cash flows climbed nearly threefold to £2.3bn in the third quarter, with year-to-date funds under management up to £98.7bn.
Old Mutual Wealth has strengthened its retirement income capability with the launch of IncomeSelect.
Old Mutual Wealth’s multi-asset management reshuffle is a bold and interesting move, but it is far from clear whether it will be a good one.
John Ventre, Stewart Cazier and Francois Zagame are to leave Old Mutual Wealth as the firm completes a major overhaul of its multi-asset capability.
Old Mutual International (OMI) saw net sales triple in the first half of 2015, while its volume of business from high net worth customers grew across all regions.
Quilter Cheviot’s Edinburgh chief is making way for a new head of office after a four-year stint at the helm.
Discretionary fund manager Quilter Cheviot has announced a major restructure of its executive team, five months on from its acquisition by wealth management firm Old Mutual Wealth.
UK-based Old Mutual Wealth has hired former Architas investment development manager, Andrew Miller, to work with financial advisers to help improve the firm’s investment solutions.
Old Mutual Wealth CEO Paul Feeney has hailed pension freedoms as a ‘shot of adrenaline’ to financial services as the group reported gross sales climb 16% to £4.6bn in Q1.
Old Mutual Global Investors has named Stewart Cazier as head of its revamped Investment Solutions team.
