Old Mutual defends multi-brand approach

For a group that has spent several years rationalising and selling off non-core assets, Old Mutual retains a wide range of businesses in the UK. Old Mutual Securities, Corporate Stakeholder and GNI have been disposed of but the group retains Old Mutual Asset Management (OMAM), private client business Gerrards and consolidation platform Selestia. Old Mutual group chief executive Jim Sutcliffe talks to Investment Week on how the business has changed its shape over the past three years and why he is confident it can develop its three brands in the future. Sutcliffe reiterates Old Mutual'...