Old Mutual

Investors using direct to consumer platforms are now among the largest shareholders in investment trusts, as a post-RDR revival for the sector gets underway.

'We will never be reliant on our platform'

Old Mutual Wealth has finalised a deal to acquire Quilter Cheviot for £585m.

Old Mutual Global Investors (OMGI) has hired former Ignis manager Russ Oxley to lead a newly-appointed fixed income absolute return team, Investment Week can reveal.

Old Mutual is in advanced talks about a £650m takeover of the UK's second largest independent wealth manager Quilter Cheviot, according to Sky News.

Old Mutual Wealth is removing the annual pension drawdown fee and scrapping the current minimum charge on its platform in order to simplify its charging structure.

UK Equity Income

Old Mutual Wealth has appointed former Rathbone Brothers chief executive Andy Pomfret as a non-executive director.

Old Mutual Wealth chief executive Paul Feeney has told analysts that platforms must seek to integrate with other businesses if they are to survive in the coming years.

Old Mutual Global Investors' Ashton Bradbury is to retire from the group at the end of the year.