OMGI names first China head to lead expansion

Old Mutual Global Investors (OMGI) has hired Richard Mo, formerly head of China retail at JP Morgan Asset Management, to spearhead its plan to establish itself among mainland institutional and high-net-worth investors. Mo joined the UK fund house on Monday in Hong Kong in a newly created role as head of China business, reporting to Carol Wong, managing director for Asia Pacific. He will, initially at least, be the only person in OMGI’s China division. “OMGI has nothing in China,…