Old Mutual Wealth Management has appointed three non-executive directors to its board.
Old Mutual's Richard Buxton has warned investors in the housebuilding sector the UK is far from experiencing a housing boom.
Old Mutual Global Investors (OMGI) is planning to relaunch a number of funds in its range, with global equities, Asia and emerging markets touted as major growth areas.
Old Mutual Wealth (OMW) has delayed the launch of its Select fund range while it readies a managed portfolio service set to put it head-to-head with some of the UK's largest discretionary fund managers (DFMs).
Old Mutual Wealth has report a pre-tax profit increase of 14% for the first half of the year to £108m, driven by a surge in gross inflows over the period.
Skandia, part of Old Mutual Wealth, is to outsource its administration to global IT and outsourcing firm International Financial Data Services (IFDS) in a 20-year contract.
Richard Buxton's Old Mutual UK Alpha fund has passed the £500m AUM mark, having grown at a rate of £100m a month since he joined the firm in June.