OMGI embarks on SE Asia expansion drive

Old Mutual Global Investors has joined the ranks of asset managers eyeing Singapore’s retail fund market and is looking to expand its regional client base in Southeast Asia. It is also working on establishing partnerships in Malaysia and Thailand. The UK-based firm has hired Gerard Clancy from Columbia Threadneedle Investments as its first dedicated sales head for Southeast Asia. He started in the role on July 4 and reports to Carol Wong, Hong Kong-based managing director for Asia…