STEWART CAZIER TO MOVE TO OLD MUTUAL GLOBAL INVESTORS
STEWART CAZIER TO MOVE TO OLD MUTUAL GLOBAL INVESTORS TO LEAD A NEWLY CREATED INVESTMENT SOLUTIONS TEAM
Old Mutual Global Investors announces that, with effect from 1 May 2015, there will be a newly created Investment Solutions team, which will be headed by Stewart Cazier. This is a very important development for the business as it is the first initiative undertaken by Old Mutual Wealth as it builds on the synergies created across the vertical integration model.
Stewart will move from his current role in Old Mutual Wealth as COO of Distribution to become Head of Investment Solutions at Old Mutual Global Investors. Stewart will report to Julian Ide, CEO of Old Mutual Global Investors and will also join the Executive Committee. Stewart brings a wealth of relevant experience having worked in the industry for 27 years in variety of senior roles in life and general insurance, as well as asset management where he has spent the bulk of his career. He was one of the original founders of New Star Investment Funds, prior to joining Henderson Global Investors developing their UK and international retail businesses, including the highly successful Cirilium joint venture with Intrinsic. Reporting to Stewart:
- Old Mutual Global Investors’ successful Investment Solutions Portfolio Management team, will continue to focus on the Spectrum, Generation, Foundation, Cirilium and Voyager ranges, as well as working on new market solutions.
- Dean Bowden will be appointed Proposition & Commercial Director and the Old Mutual Wealth Investment Solutions team will move to join the new Investment Solutions team. In addition, Nick Leitch will join Dean’s team as UK Proposition Manager from Intrinsic.
- Danny Knight will join the Investment Solutions team as Head of Investment Solutions Directors. This team will provide investment expertise to all of Old Mutual Wealth’s distribution channels, as well as externally.
Julian Ide, comments: “This is a significant development for Old Mutual Global Investors putting the Investment Solutions team right at the heart of Old Mutual Wealth’s drive to further strengthen customer offerings and leverage growing opportunities in multi-asset investment through Old Mutual Wealth and external third party channels.
“I am delighted to welcome Stewart to Old Mutual Global Investors as he has a wealth of valuable experience in this sector. Stewart and his new team will bring a dynamic focus on delivering solutions to the distribution channels across Old Mutual Wealth and external third party channels. It is a natural development of our current structure. The new structure will also shorten lines of communication, introduce a multi-disciplinary approach and allow us to improve the customer experience at all parts of the value chain.”
Paul Simpson, as Investment Director, will work alongside Stewart and will retain oversight of the portfolio managers within the Investment Solutions team. John will have a dotted reporting line to Paul and will continue to be a member of the Old Mutual Global Investors Investment Directors’ Committee.
Vee Montebello, Head of PR and Internal Communications 020 7332 7687
Amelie Shepherd, PR Executive 020 7332 8345
Notes to Editors:
Dean Bowden has been with Old Mutual for over eight years and held a number of senior roles within both the Asset Management and Wealth functions. Most latterly Dean was Head of Investment Solutions for Old Mutual Wealth where he was responsible for the oversight and integrity of the investment propositions offered across the business, as well as owning the firm’s commercial relationships with all of its investment management partners. Prior to this role, Dean was the Chief Investment Officer for Skandia International and Deputy CIO for Skandia Investment Group. Dean joined Old Mutual in January 2007, after almost 10 years with Thesis Asset Management, where he was Head of the Fund of Funds Managed Service and Fund Selection team. Dean is a Fellow of the Securities Institute.
Danny Knight joined Old Mutual Wealth in November 2014; prior to joining Old Mutual he was Director of Strategic Partnerships and a board director of several investment companies at Henderson Global Investors.
Danny has more than 20 years' investment management and financial services experience. He has previously held various roles at Jupiter Asset Management and also New Star Asset Management where he was Head of Development & MIS and latterly responsible for distribution within their Private Client Division.
Nick Leitch is investment director at Intrinsic since 2013, with responsibility for helping Intrinsic financial advisers provide clients with robust and quality investment propositions. Nick was also a director of Cirilium, the successful multi-asset fund range.
Prior to that Nick was Head of Investment Marketing at Royal London where he was involved in the development, promotion and governance of multi-asset solutions into the advised retail market.
Nick is an actuary, with 24 years financial services experience.
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 billion⁴. 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 Old Mutual International globally
- Asset management solutions via Old Mutual Global Investors
- Discretionary investment management via Quilter Cheviot
Old Mutual Wealth currently oversees £82.5⁴ 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 billion⁴ assets under management.
⁴as at 31 December 2014