Old Mutual International (OMI) is to become part of Skandia International, to form one of the larges...
Old Mutual International (OMI) is to become part of Skandia International, to form one of the largest product providers in the world. OMI, an offshore business within the Old Mutual Group, will continue to be run as a distinct business and retain its brand, but will now report into Skandia International rather than Old Mutual South Africa.
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PARTNER INSIGHT: For many advisers, outsourcing to a multi-manager or discretionary fund manager makes sense, allowing them to focus on the adviser-client relationship
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An added tier of asset management can of course deliver additional benefits for certain investors, writes Graham Bentley - just be sure you can justify it to the regulator and, especially, the client