OLD MUTUAL GLOBAL INVESTORS APPOINTS ALLAN MACLEOD IN NEW ROLE - HEAD OF INTERNATIONAL DISTRIBUTION


Old Mutual Global Investors is delighted to announce that Allan MacLeod has today joined the business in the newly created role of Head of International Distribution.

Based in London and reporting to Warren Tonkinson, Head of Global Distribution, Allan will be responsible for expanding Old Mutual Global Investors’ footprint in the global financial institutions and international sector.  The business has already made steady progress in increasing its market share in this sector, however, it is widely recognised that this is a key sector where significant future growth opportunities exist.

Allan has a wealth of asset management experience having spent 25 years in the industry. He spent 21 years at Martin Currie in a variety of senior roles including eight years managing money. He set up and ran the hedge fund business and had a number of international sales and client service roles, including running global distribution for the firm. He was also a member of the executive committee and a main board director. He left Martin Currie in 2011 and joined Ignis Asset Management in 2012 as Head of Global Accounts and spent two years building their business in the Middle East, Japan, Asia, Australia and North America.

Warren Tonkinson, Head of Global Distribution at Old Mutual Global Investors, comments: “We are really pleased that someone with Allan’s wealth of industry experience has joined us.   He will now play a leading role in helping us expand our share of the Global Financial Institutions sector, as well as helping us to achieve our goal of expanding into selected markets to support its global client base, through asset management and distribution capabilities based in our chosen international markets.”  

Old Mutual Global Investors has been transformed since its launch two years ago and is now recognised as a modern asset management business, focussed on generating positive customer outcomes, strong sales and sustainable profits for Old Mutual Wealth. Its goal is to be one of the UK’s leading asset management houses and a top ten player in other chosen markets.  Over the last two years the company has also focused on positioning the company as a stand out brand in an already busy industry.

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Notes for Editors:

Old Mutual Global Investors:

Old Mutual Global Investors has grown strongly since its creation in August 2012 and now has assets under management of £17 billion*.   The team consists of 208¹ industry professionals, including a team of 51¹ investment professionals. As part of Old Mutual Group it has a strong financial parent to support the activation of its business strategy. Old Mutual Global Investors is the asset management division of Old Mutual Wealth. To find out more information please go to:  www.omglobalinvestors.com

Old Mutual Wealth:

Old Mutual Wealth is a leading retail investment business in the UK and internationally. It aims to help people who want to make a positive change for themselves, those close to them or the society they live in by helping them secure their financial future.

It has an adviser and customer offering spanning: 

  • Financial advice via the Intrinsic network and independent financial advisers
  • Platform based wealth management products and services via Old Mutual Wealth in the UK and Skandia International globally
  • Asset management solutions via Old Mutual Global Investors 

Old Mutual Wealth currently oversees £80.3* billion in customer investments. 

Old Mutual Wealth is part of Old Mutual plc, a FTSE 100 group that provides life assurance, asset management, banking and general insurance. Old Mutual is trusted by more than 16 million customers across the world and has a total of £300.5bn* assets under management.

*as at 30 June 2014

¹ as at 30 September 2014

Please remember that past performance is not a guide to future performance.  Investment involves risks.  The value of investments and the income from them can go down as well as up and investors may not get back any of the amount originally invested.