Old Mutual Wealth (OMW) chief executive Paul Feeney has revealed more details about the rationale behind its split of Richard Buxton-led Old Mutual Global Investors (OMGI), with the single strategy part up for sale.
It was OMW that Old Mutual Wealth was planning to carve a ready-made £16bn multi-asset business out of its fund management operations, running it separately from OMGI's existing single-strategy range....
Brooks Macdonald has announced a raft of senior management changes ahead of the acquisition of Cornelian Asset Managers, which is set to take place tomorrow (28 February).
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