Old Mutual's U.S. management group has formed Old Mutual Investment Partners, a new company that will 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.
Four of the Old Mutual firms will participate in the initial roll-out of Old Mutual Investment Partners. Value equity specialist Thompson, Siegel & Walmsley, growth equity specialist Provident Investment Counsel, real estate specialist Heitman, and international equity specialist Clay Finlay comprise the foursome.