Old Mutual Global Investors (OMGI) has hired a trio of managers from Nomura Asset Management to set up a new global emerging markets equity desk, while also planning to move its EM fund in-house.
Nick Payne, Salman Siddiqui and Liz Fernandes will form the business's new global emerging markets equity desk. The trio, headed by Payne, worked together for three years, most recently on the Nomura...
December 'remains achievable'
Able to monetise its assets
Formal agreement set to be announced soon
Cash holdings continue to grow