GLOBAL - Old Mutual Asset Managers (OMAM) has reached the final stage of its restructuring following the decision to merge the unit trust business of Gerrard into OMAM.
The enlarged team will include additional resources in the individual teams and the addition of product capability in key business areas. The 12-strong global markets team will cover managed funds, including the Gerrard Hallmark Portfolio and pooled pensions funds, plus the group’s global sector, Japanese, Far Eastern and emerging markets funds.
The capability of the UK equities team is strengthened to accommodate the addition of Gerrard’s equity income funds, but also takes on further staff to boost its small and large cap capacity. The European team moves from three to four fund managers, while the fixed interest team is increased from four to five.
OMAM CIO Peter Baxter said: “Bringing these two businesses together created a large pool of talent, the depth of which is reflected in the composition of the investment teams.
“We now have renowned senior managers for every fund and a tremendous pool of up and coming talent that should enable us to achieve our aim of delivering top performing funds in all areas.”
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