Old Mutual Wealth has delivered a strong first half of the year, with net client cash flow up 53% on the same period in 2016, while Old Mutual Global Investors (OMGI) has taken in more money in the first half of 2017 than during the whole of last year.
The wealth management business of Old Mutual has reported net client cash flow of £4.9bn in the first six months of the year, up from £3.2bn in H1 2016. The firm said there was a "particularly noteworthy...
Investors turn to global equities
Matthew Tillett, senior portfolio manager - UK equities at Allianz Global Investors, examines the pitfalls of investing in technology as well as the benefits.
EM equity funds see redemptions of $1.6bn
Latter stages of the cycle