Old Mutual Global Investors develops Corporate Governance Capability
OLD MUTUAL GLOBAL INVESTORS DEVELOPS CORPORATE GOVERNANCE CAPABILITY
PAUL EMERTON APPOINTED AS HEAD OF UK STEWARDSHIP AND GOVERNANCE
Old Mutual Global Investors is delighted to announce that Paul Emerton joined the company on 5 February as Head of UK Stewardship and Governance.
Paul will play a significant part working with Old Mutual Global Investors’ highly acclaimed UK Equities Team to improve corporate performance and standards of governance. He brings a wealth of experience, having spent almost 25 years specialising in this field, advising pension funds and fund managers on shareholder engagement.
After a lengthy and successful career as Head of Governance at Schroders, Paul had decided to seek a new challenge and resigned from this role. This presented Old Mutual Global Investors with the opportunity to discuss its plans in this area and create this new post for him. Paul will report to Richard Buxton, Head of UK Equities, with whom he had long worked at Schroders.
Richard Buxton, Head of UK Equities comments: “As fundamental investors, we know that corporate governance matters. Ensuring that companies in which we invest have good boards, genuinely independent non-executive directors and appropriate incentive structures makes a real difference to outcomes for our clients. Actively engaging with companies and other investors to improve corporate performance is an essential part of our role as active managers and responsible stewards of our clients’ assets. This appointment clearly demonstrates the importance we place on our stewardship responsibilities and active engagement to enhance returns for our clients.”
Head of PR and Internal Communications, London + 44 20 7 332 7687
Notes for editors:
- 1. Old Mutual Global Investors:
With assets under management of over £15.2 billon*, Old Mutual Global Investors has grown strongly since its creation in August 2012. Old Mutual Global Investors is the asset management division of Old Mutual Wealth. The team consists of 172 industry professionals, including a team of 44 investment professionals. As part of Old Mutual Group it has a strong financial parent to support the activation of its business strategy. To find out more information please go to: www.omglobalinvestors.com
- 2. Old Mutual Wealth:
Old Mutual Wealth, comprising Skandia and Old Mutual Global Investors, provides wealth management solutions such as investments, pensions and life assurance to help financial advisers manage their clients’ wealth. The business currently oversees £76 billion* in customer investments (as at 30 September 2013) and has operations in the UK, Continental Europe and various international markets. Its strategy is to combine asset management with product and platform expertise, in order to grow further as a modern, integrated wealth management business that enables positive futures for its customers.
Old Mutual Wealth is a core part of Old Mutual plc, a leading international long-term savings, investment and protection Group. Based in London, it is trusted by more than 14 million customers across the world. For over 167 years, it has been serving the growing insurance and investment needs of local customers, companies and their advisers. Old Mutual’s vision is to become its customers’ most trusted partner, being passionate about helping them achieve their lifetime financial goals.
*as at 30 September 2013
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.
Old Mutual Global Investors is the trading name of Old Mutual Global Investors (UK) Limited, Old Mutual Fund Managers Limited and Old Mutual Investment Management Limited. Old Mutual Global Investors (UK) Limited is registered in England & Wales under number 02949554, Old Mutual Fund Managers Limited is registered in England & Wales under number 01825772 and Old Mutual Investment Management Limited is registered in England & Wales under number 4227837. Authorised and regulated by the Financial Conduct Authority with FCA register numbers 171847, 1193240, 208543 respectively, VAT number 386 1301 59. OMGI 02/14/0048.