Old Mutual’s U.S. management group announced the formation of a new company, named Old Mutual Investment Partners. The firm was formed to distribute the asset management expertise of various Old Mutual firms to program sponsors in the managed account marketplace.

The company will perform sales, marketing and client-service functions for participating Old Mutual member firms and will offer a range of specialist investment strategies from multiple firms. They will also provide managed account program sponsors a single point of contact and a support team covering the various managers and strategies.

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