Old Mutual

THE BIQ QUESTION

Old Mutual Global Investors (OMGI) has reported rising net sales in the third quarter, which it attributed to strong flows into its new UK Alpha fund for former Schroders' head of UK equities Richard Buxton.

Charles Hepworth, investment director in charge of the DFM proposition at GAM, has revealed five new additions and fund switches in the group's model portfolios.

THE BIG QUESTION

Charlie Eppinger has joined the board of Old Mutual Wealth as non-executive director.

THE BIQ QUESTION

Old Mutual Global Investors has become the latest fund group to agree super clean share class terms with Standard Life, an arrangement extending across its entire fund range.

Old Mutual Wealth has promoted Peter Mann to vice chairman, with Steven Levin taking over the day-to-day running of UK distribution.

Old Mutual Global Investors (OMGI) has reshuffled its fixed income desk, promoting Christine Johnson and Stewart Cowley, and is launching a new Macro fund for the team.

Hargreaves Lansdown said the move to super clean share classes will not automatically lead to a ‘new normal' annual fund charge of 65bps, claiming it has already negotiated greater discounts with some groups.