Paul Feeney
Intrinsic helps double OMW’s client flows
Strong cash flows and a solid performance saw Old Mutual Wealth’s (OMW) funds under management rise 14%, year to date, with the firm’s net cash flow soaring 92% on the back of a strong performance by Intrinsic.
OMW splits off £16bn multi-asset business as Buxton eyes MBO
Old Mutual Wealth is to spin off a dedicated £16bn ($20.7bn, €17.5bn) multi-asset investment business as part of the ongoing “managed separation” from its parent company.
Old Mutual completes Singapore acquisition
Old Mutual Wealth announced on Tuesday that it has completed its acquisition of Singapore-based expat advisory business AAM Advisory.
Old Mutual Wealth buys Quilter Cheviot for 585m
In an effort to bulk up its offering to high net worth clients, Old Mutual Wealth has agreed to buy discretionary manager Quilter Cheviot for £585m.
People Moves | 15 Jun 12
paul feeney to run old mutual wealth management
Paul Feeney is to take over as chief executive of Old Mutual Wealth Management