Old Mutual Wealth Investment Division boosts international investment offering


Old Mutual Compass Portfolios now live

Old Mutual Wealth’s multi asset unit, comprising capabilities from Old Mutual Global Investors (OMGI) and Quilter Cheviot, has today launched the Old Mutual Compass Portfolios, following increasing demand from international investors for risk-focused, outsourced investment solutions. 

The multi-asset range consists of four portfolios (Compass 2 to Compass 5) and has been designed for international investors. The range will be available across a number of jurisdictions, including Singapore and Europe and in a number of currencies.

The launch is the first from the Old Mutual Wealth multi-asset unit, run by co-investment directors Anthony Gillham and Ben Mountain which brings together the complementary skills of OMGI, in portfolio management, and Quilter Cheviot, in fund research – as well as pooling both businesses’ expertise in stock picking. The portfolios’ investment manager is OMGI, and they will be co-managed by Anthony Gillham and Sacha Chorley.

The objective of the Compass portfolios is to generate a long-term total return for international investors, while effectively managing downside risks. By adopting a risk-targeted approach, with defined volatility parameters for each portfolio, investors will have a better idea of how their investments are likely to perform over the long term, throughout various market conditions. The portfolios each match a different risk profile, with Compass 2 targeting the lowest level and Compass 5 the highest. Using a tactical approach to asset allocation, the portfolio managers will review the mix of assets on a regular basis to achieve the best possible returns for each portfolio.

The portfolios will take a truly diversified approach across asset classes, with no specific biases towards regions, currencies or investment styles. In addition to investing in the best funds from around the world, they can hold direct equities and bonds, investment trusts, and alternative investments.

Danny Knight, director, Old Mutual Wealth Multi-Asset Unit, comments:

“Demand by international investors for outsourced investment solutions has been steadily growing, as the focus on managing risk in volatile markets intensifies. We believe the Compass portfolios are truly addressing this demand: they are diverse, unconstrained and aim to maximise returns for investors, within a level of risk they are comfortable with.

“By introducing the proven approach of risk-targeting, used in the UK by the Old Mutual multi-asset team, advisers can establish their clients’ appropriate level of risk and then outsource investments to a trusted expert, with the knowledge that their on-going investment needs will be continually met, regardless of the economic condition.”

Anthony Gillham, portfolio manager, Old Mutual Compass Portfolios comments:

“The Old Mutual Compass Portfolios are genuinely actively managed; not only do we make long-term strategic asset allocations, there is also a strong focus on tactical asset allocation to manage short-term risks. Through in-depth analysis of markets, we aim to identify the best investment opportunities and when to exploit them. By investing in a diverse mix of assets, via the world’s best fund managers, specially selected direct securities and alternatives, we aim to ensure the best outcome for investors across all economic and market conditions, while consistently operating within an agreed level of risk.”

-Ends-

Notes to editors:

FOR FURTHER INFORMATION (JOURNALISTS ONLY)

Kimberley Robinson, Head of PR & Internal Communications                                              

020 7332 7687                                      

kimberley.robinson@omglobalinvestors.com            

Anthony Gillham

Anthony joined Old Mutual in 2000 and is co-investment director of the multi-asset unit. In 2007, Anthony became a global bond portfolio manager having been a fixed income research analyst since 2006. Prior to focusing on fixed income, Anthony’s areas of coverage included multi-asset, Nordic equities and quantitative US equity and fixed income research. Anthony is a CFA charterholder and has over 15 years of investment experience.

Sacha Chorley

Sacha joined Old Mutual in 2011 and is a portfolio manager in the multi-asset unit. He has assisted in the development of the asset-allocation process and investment tools used across the multi-asset fund ranges, for which he has also contributed to manager selection. Sacha has a degree in Mathematics from the University of Bath, is a CFA Charterholder and has passed all levels of the CAIA exams.

Ben Mountain

Ben is Co-Director of Investments for the Multi-Asset Team.  The Multi-Asset team sits within Old Mutual Wealth’s Investment Division which comprises both Quilter Cheviot and Old Mutual Global Investors.

 Ben joined Quilter & Co in 1999 and is responsible for the Investment Division’s Managed Portfolio Services and the Fund Research team.  Ben is a member of Quilter Cheviot’s Investment Funds Committee and Alternatives Committee. He is a Chartered Financial Analyst (CFA) Charterholder and a Member of the Chartered Institute for Securities & Investment.  Benjamin graduated with a BSc (Hons) degree in information technology for business from Aston University.

Old Mutual Wealth Multi –Asset Unit:

The multi-asset unit of Old Mutual Wealth’s Investment Division, which comprises Old Mutual Global Investors, the award-winning asset manager, and Quilter Cheviot, the market-leading investment manager with a heritage that can be traced back to 1771.

With more than 250 years of combined investment experience, the multi-asset unit has a significant depth and breadth of talent. The team is a true partnership of equals, bringing together two clearly complementary skills sets: Quilter Cheviot boasts excellence in fund research, as well as portfolio management through its managed portfolio service. OMGI brings outstanding experience in managing multi-asset funds via a diverse range of asset classes, as well as its own managed portfolio service offering.

Old Mutual Global Investors:

Old Mutual Global Investors has grown strongly since its creation in August 2012 and now has assets under management of £24.7 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 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 £104.4 billion in customer investments (as at 31 December 2015).

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.

¹ As at 31 December 2015