Russell Investments has made two appointments to its global fixed income team in London.
Old Mutual Wealth – which includes the soon to be rebranded Skandia businesses outside the Nordic region – is planning to take stakes in adviser firms which become restricted as part of a major change in its business plan for the UK after RDR.
Rupert Watson, head of Asset Allocation at Skandia Investment Group, says the decision by Germany’s Constitutional Court yesterday was just the latest in a series of events suggesting the eurozone crisis may be turning.
The Skandia label will disappear in the UK and a number of senior roles have been reshuffled as part of a major overhaul of the Old Mutual Wealth Management business.
Rupert Watson, head of Asset Allocation at Skandia Investment Group, identifies four ways in which the ECB could act to save the eurozone.
Rupert Watson, head of asset allocation at Skandia Investment Group, says that continued crisis in Europe may yet help Germany achieve new ground rules for spending by eurozone members.
Old Mutual is preparing to cut 30 jobs as it merges Skandia Investment Group and Old Mutual Asset Managers into a single division.
Old Mutual Wealth Management has appointed Jeremy Charles chief operating officer of the business that currently includes the Skandia UK, Skandia International, Skandia Investment Group and Old Mutual Asset Managers (UK) brands.
Warren Tonkinson has been appointed global head of distribution at Skandia Investment Group and OMAM (UK), following the decision in April by parent company Old Mutual Group to merge the two asset management businesses.
Rupert Watson, head of Asset Allocation at Skandia Investment Group, warns that the European debt crisis still has a considerable way to run.
Old Mutual’s Paul Feeney has been handed wider responsibility at the group after being appointed CEO of the wealth management division.
Skandia Investment Group has awarded a £52m mandate within its Skandia Global Dynamic Equity Fund to Peter Higgins of Wellington Management.