Old Mutual Global Investors (OMGI) has outsourced its $75m Old Mutual China Equity fund to Hong Kong firm Ping An Asset Management, following the exit of Diamond Lee, who managed the firm's Asian equities team until July 2016.
OMGI said Ping An will provide it with extensive research teams locally in the region while remaining well positioned to meet the fund's objective. The fund will be outsourced from 23 March and there...
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