Old Mutual
Wealth Interactive our top priority
Old Mutual International (OMI) said its online Wealth Interactive Platform is the “top priority” for the company following some challenges, and has outlined plans to extend into Africa and Latin America throughout the rest of 2015.
Old Mutual Singapore and SE Asia head quits
Craig Ellis, head of region at Old Mutual International in Singapore and Southeast Asia, has decided to leave the life company to pursue opportunities outside of the group.
Nedbank Private Wealth expands Middle East ops
Nedbank Private Wealth, the offshore private bank majority-owned by South Africa’s Old Mutual, said it has doubled its client base in the Middle East during the past two years and has expanded its support team for its Dubai-based operation.
Profit and sales drop at Old Mutual International
Old Mutual International (OMI), which rebranded from Skandia International at the end of last year, saw a drop in profit and sales over 2014 as it struggled with the costs of implementing its new wealth management platform and continuing regulatory changes.
HK regulation drives trend for consolidation
Significant consolidation is expected in Hong Kong as advisory companies adjust to evolving remuneration models.