old mutual wealth to swallow up skandia brand
In the restructure that will see the Skandia brand disappear, Peter Mann is to become managing diretcor (UK) of the newly created Old Mutual Wealth business.
In the restructure that will see the Skandia brand disappear, Peter Mann is to become managing diretcor (UK) of the newly created Old Mutual Wealth business.
The Skandia Global Dynamic Equity Fund has added an aggressive US mandate through Cupps Capital Management.
Skandia UK has revealed its unbundled pricing structure 12 months ahead of schedule.
Old Mutual has confirmed it will cut 30 jobs as a result of the merger of Old Mutual Asset Managers UK (OMAM) and Skandia Investment Group (SIG) but added no fund manager roles should be affected.
Skandia Spectrums range of risk targeted funds has seen a significant increase in exposure to international equities to reach its highest ever level.
Rob Swan has joined Neuberger Berman as its new head of international marketing.
Paul Feeney is to take over as chief executive of Old Mutual Wealth Management
Skandia Global Dynamic Equity Fund has awarded a new mandate to Peter Higgins of Wellington Management to further diversify the investment styles of the US allocations within the fund.
Skandia Investment Group’s asset allocation committee remains heavily overweight emerging Asian, and particularly Chinese, equities, while it holds a very negative position on government bonds.
Old Mutual Asset Managers UK and Skandia Investment Group are to be combined into a single business.
Marcus Bolitho, director of UK wholesale marketing at BNY Mellon Asset Management has quit the firm to join former-colleague Paul Feeney at Skandia Investment Group (SIG).
Andrew Dalrymple is to run a £20m mandate within the £1bn Skandia Global Dynamic Equity Fund.