Old Mutual

Old Mutual Global Investors (OMGI) is to alter the investment objective of Richard Watts' UK Mid Cap fund to allow the manager to hold more in mid-cap stocks sitting outside the FTSE 250.

Old Mutual Global Investors' UK equity head Richard Buxton believes it may be "too late to save HSBC" as the company considers redomiciling its headquarters.

Old Mutual has set the price for its planned sale of 13.3m shares in its US asset management business to raise money for "general corporate purposes".

With market volatility on the increase, Investment Week asked six fund selectors for their absolute return recommendations.

From urbanisation and the rise of a new middle class in emerging markets, to a renewed focus on corporate governance, managers explain which global structural changes are having the greatest impact on their portfolios.

Old Mutual Wealth has hired Jane Goodland from Towers Watson to head its responsible business efforts.

The proportion of UK retail funds managed by women has stagnated over the past year, according a study by Tilney Bestinvest.

Old Mutual Wealth has hired Architas' Andrew Miller as an investment specialist in its sales team as its increases its focus on advisers.

Bank shares were clear winners in the days following the Conservatives' shock election win, and fund managers predict they have further to run. Investment Week lists funds positioned for a further rally in bank shares.

African financials are looking attractive despite the continent's wider corruption troubles, according to Old Mutual Investment Group's Cavan Osborne.