Diego Parrilla has joined Old Mutual Global Investors in Singapore to promote its new gold and silver fund and develop absolute-return strategies.
The fund house has hired Richard Mo, formerly of JP Morgan Asset Management, to drive its China plans, which could include an onshore presence. AsianInvestor spoke to Asia MD Carol Wong.
Having hired its first Southeast Asia sales head, Old Mutual Global Investors is eyeing Singapore’s retail funds market and talking to potential partners in Malaysia and Thailand.
Buy Asian stocks beaten down by Brexit fears, says Josh Crabb, head of Asian equities at Old Mutual Global Investors. Others are tipping US shares and high yield.
Hugh Young gets expanded role, UBS WM replaces SE Asia head, PGI adds in distribution, Credit Suisse rehires Stoehr, Old Mutal acquires AAM Advisory, Hong Leong group in reshuffle.
Richard Buxton, CEO at UK-based Old Mutual Global Investors, tells AsianInvestor the firm is also starting to target institutional clients.
OMGI chief resigns; ANZ loses mutual funds head; CVC appoints Korea chairman; Nomura hires trust business head; HK MMT names new chairman; and EY appoints forensic experts.
HFT gets new CEO; Old Mutual appoints SE Asia chief; Mercer makes Asean hire; SkyBridge recruits in Seoul; Columbia gets Taiwan GM; Citadel executives quit; M&G boosts team; and CBRE promotes in China.
HKEx hires for new mainland team; Citi appoints Asia CEO; Northern Trust creates Melbourne team; Old Mutual gets new group chief; RidgeWorth makes sovereign wealth hire; and FTSE recruits for ESG.
Jane Fung is leaving for another role after a decade with Old Mutual Global Investors, as the firm ramps up its expansion plans, including the hire of a new distribution head.
The sub-advisory business of Old Mutual has added inhouse investment expertise in the UK. Now it is debating how it covers Asia and what it might need to add here.
The sale will be made to comply with regulations. Fortis had to sell one of its asset management companies in China and opted to keep Fortis Haitong.