News - Investment
Peter Baxter, chief executive of Old Mutual Asset Managers UK, has exited the firm to pursue other opportunitues.
Baxter, who has been at the group since 2000, has been replaced by Julian Ide, former head of institutional business at BBVA Asset Management.
He joined the group in September 2000 as CIO, before becoming CEO in May 2005.
Prior to that Baxter worked at Hill Samuel Asset Management for six years.
The group said Stewart Cowley, head of fixed income, will take over the reins of the £80m Old Mutual Select Managed fund, previously run by Baxter.
The group said Ide will spearhead OMAM's global distribution team in Europe, Asia and the Middle East.
Ide will report to Peter Bain, chief executive of parent company OMAM.
"After a very thorough search, we are confident Julian brings the right experience and knowledge to bear and will be an excellent chief executive of OMAM UK and complementary addition to our Old Mutual Asset Management Executive Team," said Bain.
Categories: Investment
Topics: Omam
Comments
The big question
Updating your subscription status 
IW Fund Centre
Run in conjunction with Funds Library, the IW Fund Centre combines qualitative and quantitative data on a huge range of funds.
Have your say
This week: What will happen to the eurozone if Greece leaves?
Job of the week
Events
12 Jun 2012 - 12 Jun 2012
The Cumberland Great Cumberland Place, London W1H 7DL
05 Jul 2012 - 05 Jul 2012
Royal Albert Hall, London Kensington Gore London, Greater London SW7 2AP
