Old Mutual Wealth Management is set to unveil its plans for RDR-compliant fund pricing on its platform, and is preparing to boost its offering in the risk-rated funds and DFM space with a revamp of its product range.
The group said following the merger of Skandia Investment Group (SIG) and Old Mutual Asset Managers (OMAM), it will now look to launch a range of RDR-compliant offshore portfolio bond products in the UK. It is in discussions with several asset managers to create a new fund range covering several asset classes, and will increase its focus on restricted financial advisers. The new offering will include income solutions, model portfolios and discretionary fund management services. SIG already has a popular range of risk-rated funds in the form of its six Spectrum funds. Later today th...
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