Having Old Mutual as its parent provides London-headquartered discretionary fund manager Quilter Cheviot with a great deal of opportunity, said chief executive David Loudon, particularly when it comes to acquisitions.
Dubai-based IFA firm Prestige Wealth Solutions (PWS), which advises local expats on their pensions, has teamed up with investment manager Quilter Cheviot to offer its clients a discretionary management service.
Standard Life Investments has appointed a chief executive and representative director in Japan, Quilter Cheviot has created a new head of business development role, while Lombard Odier IM has strengthened its German and Austrian sales team.
Quilter Cheviot, the London-headquartered discretionary investment manager bought by Old Mutual Wealth in February last year, has opened a representative office in Dubai.
The Old Mutual Compass Portfolio range is the first launch from the Old Mutual Wealth multi asset unit formed last year, which combines the best in class capabilities from Old Mutual Global Investors (OMGI) and Quilter Cheviot.
A number of US private equity firms are preparing bids for Old Mutual’s wealth division, with two funds rumoured to have already teamed up to make an offer, The Sunday Times has reported.
An Axa Group stalwart has announced his retirement plans, naming his successors in the process. Carmignac’s head of equity has departed, while Old Mutual’s Quilter Cheviot has made two UK-based appointments.
London & Colonial (L&C) has added Quilter Cheviot to the panel of approved discretionary fund managers (DFMs) for both its low cost Qrop and Sipp pension schemes.
Old Mutual Wealth is teaming up its various divisions, including Old Mutual International and Quilter Cheviot, to offer an all-round service to investors in South Africa ahead of next year’s Retail Distribution Review.
UK-based Old Mutual Wealth and its adviser network Intrinsic have unveiled an advice business which aims to tap into underserved segments of the British market.
John Ventre, Stewart Cazier and Francois Zagame are to leave Old Mutual Wealth as the firm completes a major overhaul of its multi-asset capability.
Tim Childe, head of international for Quilter Cheviot – now part of Old Mutual – is setting his sights on furthering the group’s international reach.
