Gerrard merger casualties

as Fiona Hathorn and ian pascal depart old mutual, further staff consolidation is expected

As the integration of Old Mutual Asset Management (OMAM) and Gerrard Investment begins, so too do changes in senior staff at the combining groups. On Wednesday last week, Investment Week's online sister publication, www.ifaonline.co.uk, first reported that OMAM's head of global equities, Fiona Hathorn, had resigned. It follows on from the departure of OMAM's marketing director, Ian Pascal, earlier in November. A further exodus of staff looks inevitable as the two businesses are put together and the various equity and bond teams are established. With Gerrard's Les Jones, the respected ...