SIG may move investment capabilities east
The sub-advisory business of Old Mutual has added inhouse investment expertise in the UK. Now it is debating how it covers Asia and what it might need to add here.
Skandia Investment Group, the £12.3 billion ($19.3 billion) asset management business of UK firm Old Mutual, is seeking to broaden its product offering in Asia while it debates whether to move its investment capabilities east.
SIG, which is in the process of merging with Old Mutual Asset Managers UK, is poised to announce a new operating name shortly that it hopes will help to avoid customer confusion.
“We are not sure what it will be called but the name is due to be released ve…
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