Old Mutual International appoints Singapore chief executive
Old Mutual International (OMI) has promoted Ian Kloss to chief executive of Singapore, replacing Steve Hickman who has decided to pursue opportunities outside the group.
Old Mutual
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Six year-end tax issues for non-doms in the UK
The approaching tax year-end applies equally to those born in the UK and to foreign expats living there. This year, expats may have even more to consider given the new non-dom rules coming into force from 6 April 2017, warns Old Mutual Wealth’s financial planning expert, Rachael Griffin.
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Structured products – leading the change towards better outcomes for customers
Structured products are typically fixed-term investments that pay-out an amount that is linked to the performance of another asset or set of assets (such as a stock market index or indices).
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Trump’s inauguration and the effect on equities
As Donald Trump is sworn in as the 45th president of the US, International Adviser has compiled the latest views on how his inauguration may effect your investments.
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PEOPLE MOVES: Axa, James Hambro, Fidelity Int’l
After 10 years with the business, the chief executive of Axa Global Asset Management has announced she is stepping down. James Hambro & Partners has made three senior staff members partners of the business, with Fidelity International handing five multi-asset open range funds to a new portfolio manager.
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Key financial planning tips for international advisers in 2017
Opportunity knocks for financial advisers in 2017 as political, economic and regulatory turmoil leaves clients adrift in unknown territory and seeking advice, says Rachael Griffin, head of product law and financial planning at Old Mutual International.
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OMI’s Dolan succeeds Bradshaw as global sales director
Brendan Dolan, a veteran of the Middle East and Africa life industry, is to take over the position vacated by Marcel Bradshaw as head of sales worldwide for Old Mutual International, part of Old Mutual Wealth.
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George Michael’s death and key IHT case raise issues for 2017
Celebrity deaths over the Christmas period and a pending supreme court decision on a key inheritance tax case all highlight the importance of using trusts for estate planning, a leading IHT expert has said.
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A ‘price haircut’ in prospect for funds in 2017
Prices on funds are predicted to fall during 2017, in the wake of the UK Financial Conduct Authority’s (FCA) investigation into quasi-active portfolios, says Danny Knight, director of multi-asset at Old Mutual International.
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PEOPLE MOVES: Value Partners, Standard Life Inv., Nordea AM
Value Partners has poached the chief executive of Prudential’s Asian investment arm, Eastspring Investments. Standard Life Investment has named a head of investments, with Nordea Asset Management replacing its outgoing chief executive.
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Old Mutual prices shares in asset management unit
Old Mutual has announced a public offering of 13 million ordinary shares in New York-listed Old Mutual Asset Management (OMAM), as moves towards breaking its business into four separate units.
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PEOPLE MOVES: Generali, Ravenscroft, Old Mutual
Italian insurer Generali has appointed a country manager for Italy and named a group chief investment officer. Ravenscroft has a new group managing director, while Old Mutual Wealth is to bid farewell to a company veteran.