Richard Buxton, chief executive of Old Mutual Global Investors, is set to announce he is ready to complete a £550m buyout of the single-strategy business from parent firm Old Mutual Wealth, with the backing of former Jupiter owner TA Associates
According to Sky News, Buxton is on the brink of a deal to buyout the £25bn single-strategy business, which includes the £2.3bn UK Alpha fund he runs, as the parent firm continues its 'managed separation'....
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