Old Mutual Global Investors expands international distribution team


Simon Barrett joins as Head of Middle East and Nordic Distribution

Old Mutual Global Investors (“OMGI”) has today announced that Simon Barrett has joined the business as Head of Middle East and Nordic Distribution.

Simon, who started on Monday 5 October, is based in OMGI’s Edinburgh office and will report into Allan MacLeod, Head of International Distribution at OMGI.  In his role, Simon will be responsible for expanding OMGI’s distribution in the Middle East and Nordic regions, helping the business to service a broader range of clients, including wealth managers and global financial institutions. 

Simon has over 20 years’ experience working in the Nordic region, and speaks Swedish, Danish and Norwegian. He joins OMGI from Martin Currie Investment Management, where he worked from 2004, most recently as Director, International Sales and Client Service. In this role Simon was responsible for all areas of sales and worked with a large range of clients including banks, life offices, sovereign wealth funds, family offices and corporate pension funds.

Prior to this Simon worked as Head of Nordic Sales at Allianz Dresdner Asset management for four years. Simon has also held roles at Friends Provident International and Lawrence Morton & Co. He started his career in 1988 at Pegasus Financial Services.

Simon’s appointment comes as a part of OMGI’s international distribution expansion and follows the appointment of Dominic Issler as Head of DACH distribution in April 2015.  The business is increasingly focused on hiring regional specialists in order to meet the needs of its evolving client base.

Allan MacLeod comments:

“At Old Mutual Global Investors we are increasingly focused on expanding our international distribution and evolving our client base. Success in these regions will be a key driver for the future growth of the business.  Simon has a great deal of industry experience and his appointment will enable us to better service the unique needs of clients in the Middle East and Nordic regions.”

- Ends-

Notes to editors:

Media contacts:

Amelie Shepherd 020 7332 8345

Vee Montebello 020 7332 7687

Old Mutual Global Investors:

Old Mutual Global Investors has grown strongly since its creation in August 2012 and now has assets under management of £22.4 billion¹.  The team consists of 230 industry professionals, including a team of 59 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 people secure their financial future.

It has an adviser and customer offering spanning:

•             Financial advice via the Intrinsic network

•             Platform based wealth management products and services via Old Mutual Wealth in the UK and Old Mutual International globally

•             Asset management solutions via Old Mutual Global Investors

•             Discretionary investment management via Quilter Cheviot

Old Mutual Wealth oversees £101 billion¹ in customer investments.

Old Mutual Wealth is part of Old Mutual plc, a FTSE 100 group that  provides investment, savings, insurance and banking services to more than 17 million customers in Africa, the Americas, Asia and Europe. Originating in South Africa in 1845, Old Mutual has been listed on the London and Johannesburg Stock Exchanges, among others, since 1999.

In the year ended 31 December 2014, the Group reported adjusted operating profit before tax of £1.6 billion (on an IFRS basis) and had £319 billion of funds under management from core operations.

This press release is for journalists only and should not be relied upon by financial advisers or customers.

¹ As at 30 June 2015