Old Mutual

Old Mutual Global Investors has seen inflows of more than £100m into Richard Buxton's UK Alpha fund, ahead of his arrival at the group.

Mid cap managers are reviewing some of their key holdings following the latest re-shuffle of the FTSE indices, which has seen two popular stocks promoted.

A lack of further easing from the Japanese authorities coupled with fears over QE in Europe rattled markets today, sending the FTSE 100 to a seven-week low, with asset managers some of the biggest fallers.

Old Mutual Wealth CEO Paul Feeney is in line for a bonus package of nearly £400,000, according to plans formalised today.

Leading UK equity managers are backing housebuilder shares as government policies set the scene for further outperformance.

Schroders has moved to fill its vacant head of UK equities position following Richard Buxton's departure, handing the role to its head of European equities Rory Bateman.

BONDS

Old Mutual Wealth, comprising Skandia and Old Mutual Global Investors, reported assets under management rose by 8% in Q1 to £74.5bn, driven by a stronger performance in areas like its international business.

Old Mutual Global Investors (OMGI) has streamlined its Dublin-domiciled fund range, one year on from unifying its two asset management businesses.

Old Mutual Global Investors' Richard Watts has doubled his stake in St James's Place (SJP) since the start of the year, arguing the firm has emerged as one of the biggest RDR winners.