cofunds old mutual wealth hire
Charlie Eppinger has joined Old Mutual Wealth Management as a non-executive director.
Charlie Eppinger has joined Old Mutual Wealth Management as a non-executive director.
Carol Wong has been named as Old Mutual Global Investors’ new head of distribution for Asia and is one of a trio of senior Hong Kong-based appointments aimed at expanding the asset manager’s and sister company Skandia International’s offshore businesses.
Old Mutual Wealth is expanding its operations in Asia with three senior appointments for both its offshore business, Skandia International and its asset management operations, Old Mutual Global Investors.
Old Mutual Global Investors has appointed a new head of distribution for Asia following a review of its strategy in the region.
A small majority of IFAs believe financial advisers are perceived negatively by consumers, according to recent research, with this number rising significantly in some places, particularly in Asia.
Financial advisers’ confidence in the global economy has fallen in the second quarter of 2013 for the first time in twelve months, according to Skandia International’s latest survey.
Old Mutual has stopped inflows into six offshore funds ahead of their potential closure following a review of underperforming products.
Skandia International has named Jammine Soh and Huw Wedlock to its Singapore sales team, as sales managers, as it looks to “develop and expand its distribution footprint in Southeast Asia”.
Graham Bentley, former head of proposition at Skandia, has joined Axa Wealth as interim head of fund group relations.
Old Mutual Global Investors has appointed Kirk Hotte as European sales director based in its London office.
Old Mutual has restructured a number of its funds, and has rebranded the next set of Dublin-domiciled Skandia Global Funds, effective 19 April.
Distribution post-RDR may see life companies getting back into the investment game, building up their own substantial sales forces of restricted advisers.