Old Mutual Global Investors expands Hong Kong presence


Rob Weatherston joins Asian equities team

Old Mutual Global Investors (OMGI), part of Old Mutual Wealth, has today announced that Rob Weatherston has joined its Hong Kong-based Asian equities team as Japanese equity manager.

Rob, who started at OMGI in April 2016, will report into Josh Crabb, head of Asian equities. Rob gained significant experience in managing Japanese and Asia Pacific equity funds while working at BlackRock from 1996-2014, including running the top-performing BGF Japan Flexible Equity Fund.  During his time at BlackRock he moved to Tokyo in 2006, prior to relocating to Hong Kong in 2010.

Rob will manage the Dublin-domiciled Old Mutual Japanese Equity Fund, with effect from 17 June 2016. The objective of the fund is to achieve capital growth through investment in a well-diversified portfolio of securities of Japanese issuers, or of issuers established outside Japan which have a predominant proportion of their assets or business operations in Japan. With a focus on generating a total return, Rob has a flexible and pragmatic investment approach, with the ability to adapt his investment style to suit a particular stage of the market cycle.

Rob will use three methods to generate alpha for the fund:  qualitative stock selection, a quantitative screening process and a thematic overlay approach. The fund is currently managed by OMGI’s global equities team.

Josh Crabb, head of Asian equities, comments:

“Old Mutual Global Investors has been steadily building its presence in the Asia Pacific region over the last two years and the addition of Rob to the team means that we now invest across all major Asian equity markets.

“Throughout his career managing Japanese equities, Rob has had extensive experience of running total return, value and growth investments and, having lived in Japan for four years, his considerable knowledge of the region’s social and cultural history will be invaluable to investors.”

Rob Weatherston comments:

“Old Mutual Global Investors is an exciting business, with an experienced Asian equities team and I look forward to working on the development of the Japanese equity strategy.

“While the overall Japanese market is currently out of favour, there are many stocks that are performing very well.  We see significant opportunities to generate returns within the market.   I believe that our unique three-pronged approach, which aims to deliver a high-return fund, is likely to be highly rewarding for long term investors.”

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Notes to 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 £26 billion (as at 31 March 2016).  The team consists of 258 industry professionals, including a team of 64 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 the leading wealth management business in the UK and internationally, helping to create prosperity for the generations of today and tomorrow.

It has an adviser and customer offering spanning:

  • Financial advice delivered by the Intrinsic network in the UK and AAM Advisory in Singapore
  • Platform based wealth management products and services delivered by Old Mutual Wealth in the UK and Old Mutual International globally
  • Asset management solutions delivered by Old Mutual Global Investors
  • Discretionary investment management delivered by Quilter Cheviot.

Old Mutual Wealth oversees £107.1 billion in customer investments (as at 31 March 2016).

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 18.9 million customers across the world and has a total of £327.9 billion assets under management (as at 31 December 2015).

This press release is for journalists only and should not be relied upon by financial advisers or customers. Investments may fall or rise in value and investors may not get back what they put in.