OMGI rebrands US income fund as management brought in-house

Team run $11bn GEAR fund

Old Mutual Global Investors (OMGI) is re-naming its US Dividend fund as the US Equity Income fund, while also bringing the management in-house under the global equities team headed up by Ian Heslop.

Until now, the $431m fund had been outsourced to US institutional fund house Barrow, Hanley, Mewhinney & Strauss but OMGI has decided to bring the management in-house,  under the global equities team which consists of Heslop (pictured), Amadeo Alentorn and Mike Servent. The trio already manage the Global Equity Absolute Return (GEAR), World Equity and North American Equity funds.  Janus Henderson changes manager on US Growth fund to ‘revitalise performance' OMGI has also removed the explicit limitations on the fund to invest in larger companies that have dividend characteristics an...