Buxton: UK not a stockpickers’ market
Old Mutual Global Investors’ CEO Richard Buxton believes the UK is unlikely to be a fertile stockpickers’ market in 2017, while admitting he would be encouraged to see a 10% equities correction.
OMGI
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PA Video Insight: US investment outlook
The real impact of Donald Trump as President of the US will not be felt until he and his team implement their various social, economic, foreign and financial policies.
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OMGI to roll out new absolute return fund
Old Mutual Global Investors (OMGI), part of Old Mutual Wealth, plans to launch the Old Mutual Style Premia Absolute Return Fund (Star) at the beginning of December.
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Courtiers boots F&C and LGIM funds from ethical strategy
Courtiers has sold its holdings in two F&C ethical funds and an LGIM ethical trust over concerns about the strictness of their screening processes.
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RBS continues to flounder as restructuring and litigation costs bite
Royal Bank of Scotland has continued to flounder in what it described as the “current low interest rate and low growth environment,” returning £469m in attributable losses, compared with a £940m profit the year prior.
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Buxton eager for bank tailwinds; predicts further sterling fall
Old Mutual Investors’ CEO Richard Buxton is looking for a steeping yield curve or further lifting of US interest rates, both of which would benefit his holdings in UK Banks.
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Old Mutual Wealth takes profit hit despite OMGI inflows
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.
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Brexit success could spark further EU break-up – OMGI
If the United Kingdom’s exit from the European Union leaves the country ‘better off’ it could spark further break-up, according to Christine Johnson, head of fixed income at Old Mutual Global Investors.
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PA Video Insights: Income investors battle all manner of headwinds
For income investors, which is the chicken and which is the egg out of weak macros or poor company fundamentals?
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Russ Oxley leaves OMGI after disagreement over strategic direction
Russ Oxley has left Old Mutual Global Investors with immediate effect, following a difference of opinion over the future strategic direction of the firm’s absolute return government bond team, Old Mutual said on Tuesday.
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Buxton: Brexit “not going to happen”
Brexit should not concern investors because it is “simply not going to happen”, according to Old Mutual Global Investors chief executive Richard Buxton.
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PA ANALYSIS: Changes for the ‘changemaker’ as investors price up Old Mutual Wealth
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.