Old Mutual

Hanratty steps down in 2016

Pay per employee has risen by 22% at AM firms since 2006

Old Mutual Global Investors' head of equities Richard Buxton has begun buying back into oil companies to take advantage of the undervalued mega caps.

Old Mutual Global Investors is to open its first Scotland office in Edinburgh as a new home for Russ Oxley and his fixed income team.

The news the government and the FCA are to launch a major review into consumer access to financial advice has been widely welcomed.

Old Mutual Wealth has reported a 26% jump in profits and 92% higher net client cash flows in the first half of the year, largely driven by investors taking advantage of the group's drawdown facility following the pension reforms.

Quilter Cheviot has handed the leadership of its Edinburgh office to Mark Hallam, as current head Alan Aitchison steps back from the role.

Old Mutual Global Investors' Richard Buxton has backed Neil Woodford's criticisms of the government's renewable energy tax U-turn, warning it could render the utilities sector "uninvestable".

Quilter Cheviot has completed a comprehensive reorganisation of its executive team, five months after it was taken over by Old Mutual Wealth.

Old Mutual Global Investors is to launch an offshore Global Equity Income fund for head of global equities Ian Heslop.