Pension accounts on top as OM WealthSelect breaches £1bn
Old Mutual Wealth has revealed almost half of investments held through WealthSelect are in pension accounts, as the model portfolio service surpassed £1bn AUM.
Old Mutual Wealth has revealed almost half of investments held through WealthSelect are in pension accounts, as the model portfolio service surpassed £1bn AUM.
Rathbones and OMW created new executive positions, Odey’s former CEO Stewart moved to Hargreave Hale and Julius Baer and Tilney Bestinvest expanded their adviser teams.
Old Mutual Wealth has reaped the benefits of the changing post-Retail Distribution Review landscape, reporting adjusted operating profit of £227m for 2014.
Old Mutual Wealth has announced it is scrapping the current minimum charge on its platform from 1 January.
Old Mutual Wealth has appointed Andy Pomfret to the board as a non-executive director.
Skandia will no longer exist in the UK from today, as the companys operations in the region assume the Old Mutual Wealth title.
Old Mutual Wealths net profit rose 11% year-on-year to £120m in the first half of 2014, the company reported.
After nearly two years in the pipeline, Skandia has confirmed that the official rebrand to Old Mutual Wealth will happen on 22 September.
OMGI's strong first quarter results included a more than 700% increase in AUM for Heslop's GEAR fund.
Old Mutual Wealth’s chief lays down gauntlet to the competition.
Peter Mann, vice-chairman of Old Mutual Wealth has announced his retirement from the business to pursue other challenges.
When CEO Paul Feeney speaks about creating the UKs leading retail investment business at the helm of Old Mutual Wealth and a market leading asset management from its Global Investors (OMGI) arm, youre inclined to believe him.