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.
SIG turns to Five Oceans for a $350 million long-only global equity mandate, seeing its management of volatility as preferable to the dynamic macro approach of JP Morgan AM.
Boutique MIR Investment Management will take over the $363 million mandate from First State Investments amid differing views over capacity constraints.
The asset management business within the LTS division of Old Mutual has named Paul Feeney as chief, just weeks after unveiling Phil Wagstaff in the same role. But it denies CEO turnover is destabilising the business.