Old Mutual
Old Mutual prices shares in asset management unit
Old Mutual has announced a public offering of 13 million ordinary shares in New York-listed Old Mutual Asset Management (OMAM), as moves towards breaking its business into four separate units.
PEOPLE MOVES: Generali, Ravenscroft, Old Mutual
Italian insurer Generali has appointed a country manager for Italy and named a group chief investment officer. Ravenscroft has a new group managing director, while Old Mutual Wealth is to bid farewell to a company veteran.
Singapore’s AAM on life after being acquired by Old Mutual
Old Mutual Wealth’s shock decision in February to buy AAM Advisory, the largest expat-focused IFA firm in Singapore, has in some ways felt like “having a tooth removed”, according to chief executive Matthew Dabbs.
Tax & Regulation | 7 Dec 16
UK’s plan to review portfolio bond ‘anomaly’ welcomed
HM Revenue & Customs’ plans to review personal portfolio bonds (PPB) and potentially correct cases where British expats are left with ‘inequitable’ tax charges when they return to the UK, have been welcomed by industry.
Alternatives | 28 Nov 16
Old Mutual Global Investors plans style premia fund
Old Mutual Global Investors (OMGI), part of Old Mutual Wealth, plans to launch the Old Mutual Style Premia Absolute Return Fund (Star) at the beginning of December.