OMGI names new head of bonds
Old Mutual Global Investors has hired Mark Nash as head of global bonds.
Old Mutual Global Investors has hired Mark Nash as head of global bonds.
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.
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.
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.
South African financial services group Old Mutual has decided to break up its business into four separate units as it believes they will perform better independently.
Speculation is growing that Old Mutual, the global financial services group, may be about to announce plans to break up its operations into four new units.
Old Mutual Wealth has strengthened its retirement income capability with the launch of IncomeSelect.
UK-based Old Mutual Wealth and its advice network Intrinsic have unveiled an advice business which aims to tap into underserved segments of the British market.
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.
This week’s HEAD-TO-HEAD weighs up the Old Mutual Old Mutual UK Mid Cap and Franklin UK Mid Cap funds.
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