US - Old Mutual Asset Management - the US asset management group of Old Mutual - announced assets under management (AuM) fell nearly US$17bn to $230.8bn in the second quarter.
That drop was directly attributable to the sale of eSecLending, which reduced funds under management by a significant $25.4bn, meaning funds under management actually increased $5.2bn or 2.3% for t...
To continue reading this article...
Join Professional Pensions
Become a Professional Pensions Lite Member today
In just a few clicks you can start your free Professional Pensions Lite membership, providing you access to:
- Three complimentary articles per month covering the latest real-time news, analysis and opinion from the industry
- Receive important and breaking news stories via our two daily news alerts
- Hear from industry experts and other forward-thinking leaders
Are you a trustee, investment consultant or in-house pension and benefit scheme professional? You can apply for full complimentary access here
