OMGI hires EM debt head
Old Mutual Global Investors is to bring management of its OM Local Currency Emerging Market Debt Fund in-house following the appointment of a head of EM debt.
Old Mutual Global Investors is to bring management of its OM Local Currency Emerging Market Debt Fund in-house following the appointment of a head of EM debt.
Asset management firm Old Mutual Global Investors has appointed Simon Mackinnon to support its expansion in the Asia Pacific region.
Nearly one third of offshore advisers have formed links with UK advice firms in preparation for the Financial Conduct Authority’s restrictions on QROPS transfers, says a survey by Old Mutual Wealth
Old Mutual International (OMI) said its online Wealth Interactive Platform is the “top priority” for the company following some challenges, and has outlined plans to extend into Africa and Latin America throughout the rest of 2015.
Craig Ellis, head of region at Old Mutual International in Singapore and Southeast Asia, has decided to leave the life company to pursue opportunities outside of the group.
Nedbank Private Wealth, the offshore private bank majority-owned by South Africa’s Old Mutual, said it has doubled its client base in the Middle East during the past two years and has expanded its support team for its Dubai-based operation.
Old Mutual International (OMI), which rebranded from Skandia International at the end of last year, saw a drop in profit and sales over 2014 as it struggled with the costs of implementing its new wealth management platform and continuing regulatory changes.
Significant consolidation is expected in Hong Kong as advisory companies adjust to evolving remuneration models.
Old Mutual Wealth is launching a flexi-access drawdown facility within its Collective Retirement Account (CRA) from 6 April.
As significant changes take effect with pensions, offshore tax evasion and property, 2015 looks like it will be an interesting year. However, there are still opportunities to be found despite the ongoing upheaval.
Old Mutual Wealth is rolling out a ‘B2B2C top-up service’ for financial advisers following a successful trial run.
Old Mutual Global Investors has appointed a former Schroders employee to work as an analyst for its Dublin-domiciled umbrella fund.