Old Mutual

Companies | 9 Aug 16

Old Mutual Wealth has agreed to sell its Italian business to European private equity firm Cinven for €278m (£236m, $308m).

Asia | 5 Aug 16

Old Mutual Global Investors has begun implementing a strategy to build distribution relationships across mainland China, according to the firm’s managing director Warren Tonkinson.

People Moves | 2 Aug 16

Old Mutual International has named a managing director for its Isle of Man operations, while Architas has poached Seneca IM’s head of retail for a new role and added Axa Wealth’s head of investing to its roster. The Hong Kong and Australian regulators also announced senior appointments.

Tax & Regulation | 20 Jul 16

Old Mutual Wealth is calling on the UK government to halt any further plans for pension reform despite a recent survey by the life insurer suggesting that changes to tax relief would not discourage retirement saving.

Best Practice | 18 Jul 16

The firm aims to distribute a US expatriate-focused “wrapped international pension” product through private banks and family offices.