Skandia International, including Royal Skandia, has completed its rebrand to Old Mutual International in all markets it serves globally.
Old Mutual International is the cross-border product provider of Old Mutual Wealth, which seeks to provide financial advice, products, and both investment and asset management.
The business is part of Old Mutual’s group integrated model, which includes: Intrinsic and Aiva providing financial advice in the UK and Latin America markets respectively; Old Mutual Wealth offering platform and life company services to the UK; Quilter Cheviot, which offers bespoke portfolio management; and Old Mutual Global Investors, the funds and packaged investment solutions provider.
Old Mutual International offers offshore bonds and investment solutions globally via offshore jurisdictions in the Isle of Man and Dublin. It is preparing to launch a researched fund range using the expertise of Old Mutual Global Investors, and it may seek to export the expertise of Quilter Cheviot once it completes the acquisition of that business in early 2015.
and will be looking at the possibility of exporting the investment management capability of Quilter Cheviot once that acquisition completes in early 2015.
Paul Feeney (pictured), chief executive of Old Mutual Wealth, said: “Becoming Old Mutual International is an important milestone. We are committed to building a strong cross-border investment business under the Old Mutual brand that will offer financial advisers and their clients new investment solutions, utilising the skills and resources we have invested in over recent years. Wealth Interactive gives us a solid platform for growth and we will be investing in the Old Mutual brand in all our markets to support advisers recommending our products to their clients.”