Russ Oxley exits OMGI after one year

"Difference of opinion"

Laura Dew
clock • 2 min read

Absolute return manager Russ Oxley is leaving Old Mutual Global Investors after joining the group just over a year ago from Ignis Asset Management.

Oxley (pictured) joined OMGI in April 2015 with his team from Ignis and launched an Absolute Return Government Bond fund in October 2015 which was seeded with £100m. The product quickly gained assets, it surpassed £500m in the first two months, but is now £446m in size.  OMGI creates Edinburgh base for Oxley and team A statement from the group said Oxley will depart with immediate effect: "Old Mutual Global Investors, part of Old Mutual Wealth, announces that, as a consequence of a difference in opinion regarding future strategic direction, Russ Oxley will leave the business with i...

To continue reading this article...

Join Investment Week for free

  • Unlimited access to real-time news, analysis and opinion from the investment industry, including the Sustainable Hub covering fund news from the ESG space
  • Get ahead of regulatory and technological changes affecting fund management
  • Important and breaking news stories selected by the editors delivered straight to your inbox each day
  • Weekly members-only newsletter with exclusive opinion pieces from leading industry experts
  • Be the first to hear about our extensive events schedule and awards programmes

Join now

 

Already an Investment Week
member?

Login

More on People moves

Franklin Templeton promotes Harry Reeves to head of UK wholesale

Franklin Templeton promotes Harry Reeves to head of UK wholesale

Joined the firm in 2020

Patrick Brusnahan
clock 16 July 2025 • 1 min read
State Street's Ann Prendergast replaces JPMAM's Patrick Thomson as IA chair

State Street's Ann Prendergast replaces JPMAM's Patrick Thomson as IA chair

First joined the board May 2024

Eve Maddock-Jones
clock 11 July 2025 • 1 min read
Sparrows Capital promotes Phillip Young to deputy CIO role

Sparrows Capital promotes Phillip Young to deputy CIO role

Former investment analyst at the firm

Sorin Dojan
clock 10 July 2025 • 1 min read
Trustpilot