Old Mutual Global Investors has restructured the Skandia US All Cap Value Fund as the Old Mutual US Dividend Fund. The fund is sub-advised by US value fund manager Barrow, Hanley, Mewhinney & Strauss, which is an affiliate of the Old Mutual Group.

The fund, which is a sub-fund of the Dublin-domiciled Old Mutual Global Investors Series plc, bets on large capitalization US stocks and is benchmarked to the Russell 1000 Value Index and S&P 500 Index. Its lead portfolio manager of the Fund is Ray Nixon.

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