Old Mutual Global Investors scoop awards in Hong Kong and Singapore
Old Mutual Global Investors are pleased to announce that they have been awarded Best Group in the Japanese Equity category at the inaugural Citywire Asia Fund Manager and Group Awards in both Hong Kong and Singapore.
The Citywire awards aim to highlight the best fund groups and managers across 12 investment sectors in both Hong Kong and Singapore. The winners were decided based on the consistency of their staple in the relevant sector over a period of seven years.
Old Mutual Global Investors has been significantly expanding its presence in the Asia Pacific region over the last two years including hiring on the ground distribution and asset management teams. The Old Mutual Japanese Equity Fund has been the flag ship fund over this period. The fund managed by Ian Heslop, Amadeo Alentorn and Mike Servant and aims to achieve asset growth through investment in a well-diversified portfolio of securities of Japanese issuers or of issuers with a large proportion of their assets or business operations in Japan.
Carol Wong, Managing Director, Head of Distribution Asia comments:
“We are delighted to have been recognised at the first Citywire Asia Fund Manager and Group Awards. This is fantastic independent recognition of the progress Old Mutual Global Investors has made in the Asia Pacific region since its creation under three years ago. I’d like to thank the award winning team for their consistent hard work. The intention for 2015 is to continue to build our footprint in the region by developing our on the ground capabilities.”
On the Japanese market and how Old Mutual Global Investors are positioned, Ian Heslop comments:
“The Japanese equity market is flirting with seven-year highs, driven by a generous monetary stimulus programme, a ‘devalued’ currency providing a major boost for its exporters, and a low oil price. The key question for investors is whether or not these triple tail-winds can propel the stock market even higher.
“At the same time does it matter that Premier Abe’s much hoped for attempts to restructure the economy, using his ‘third arrow’ have been kicked further into the long grass? With the Bank of Japan throwing caution to the wind but many companies still struggling in a deflationary, protectionist environment, the case for alpha diversification in a portfolio is as great as ever.”
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 £21 billion*. The team consists of 214 industry professionals, including a team of 51 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 that aims to help people 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
- Discretionary investment management via Quilter Cheviot
Old Mutual Wealth currently oversees £82.5* 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 £319.4 billion* assets under management.