Ed Meier, manager of the Old Mutual UK Equity Income fund, explores the FTSE 350 and small caps for portfolio ideas to generate 110% of the All-Share yield, but he will not be drawn to esoteric and unlisted names.
Old Mutual Global Investors CEO Richard Buxton has denied staff exits, lacklustre performance and pressure to cut costs ahead of the single strategy spinout signal a shift in focus away from fixed income when the firm launches mid-year.
Old Mutual Global Investor’s single strategy spin out has not taken Richard Buxton’s name for its branding, unlike other boutique brands launched by star fund managers.
Stocks of companies that have stronger balance sheets will benefit more from the current market environment than value stocks, argues Justin Wells, global equities strategist at Old Mutual Global Investors.
Quilter’s multi-asset business has raided rival asset managers for senior management hires, as it rebrands to Quilter Investors under the Old Mutual managed separation in which the group’s single and multi-asset strategies have been split.
Richard Buxton has echoed the views of Neil Woodford in his outlook for the UK economy pointing to corporate deals as a sign of value and predicting GDP growth will be higher than expected in 2018.
Old Mutual Global Investors (OMGI) is to hand the management of its two Asian equity funds to the firm’s global equities desk headed by Ian Heslop and part ways with fund manager Josh Crabb and his investment team.
OMGI chief executive Richard Buxton has said the UK cannot plan for its post-Brexit future with any certainty as the one-year anniversary of Theresa May triggering Article 50 approaches.
Old Mutual Global Investors’ adjusted operating profit soared 153% in 2017, according to Old Mutual Wealth’s annual results.
Old Mutual Global Investors’ decision to outsource management of one its funds to a Hong Kong subsidiary of a Chinese banking giant is a “pragmatic” move that could free up the in-house Asian equities team to focus on their core funds.
A private equity firm is set to take over Old Mutual Global Investors (OMGI) in a £600m deal next year, ending months of speculation on the future of the asset manager.
Old Mutual Global Investors (OMGI) chief executive Richard Buxton is concerned that markets are failing to adequately price-in the likelihood of a Jeremy Corbyn-led Labour government next year.
