Last updated: 11:24 / Wednesday, 22 April 2015
Stewart Cowley Will Leave OMGI

Old Mutual Global Investors Introduces Team Based Approach to Fixed Income Range

Imagen
Old Mutual Global Investors Introduces Team Based Approach to Fixed Income Range

Old Mutual Global Investors announces the introduction of a team based approach to managing its fixed income range of funds. This change mirrors the approach utilised by Russ Oxley and his team, who joined the company earlier this year.  This development has also resulted in promotion for some members of the team, which aligns to Old Mutual Global Investors’ desire to offer career growth opportunities.

With the arrival of Russ Oxley and the Rates and LDI Team (initially titled Fixed Income Absolute Return Team) Old Mutual Global Investors now has a powerful 20-strong fixed income capability in two distinct teams. The two teams (Absolute Return/Rates and LDI – headed by Russ Oxley and Total/Relative Return – headed by Christine Johnson) will harness the skill set of each other’s experience continually, there will be synergies but the end result will be independent.  These two teams will work collaboratively, sharing tools and discussing views.  However, as there is no fixed income house view, each team will manage funds in line with their own investment process.

Stewart Cowley will leave Old Mutual Global Investors at the end of June 2015. Until that time, Stewart will support the business in the transitioning of the funds he has actively managed to the newly named teams stated above.

Julian Ide, CEO at Old Mutual Global Investors comments: “I am grateful to Stewart for the guidance and stewardship he has given to Old Mutual over the last six years and for the commitment he invested in building our powerful fixed income capability.  He has made a vital contribution to our management teams over many years, and particularly since I joined the company.  Stewart leaves with our gratitude and best wishes.

“I believe that we now have one of the industry’s most powerful fixed income capabilities led by two highly experienced fixed income leaders, Christine and Russ. The changes we have made to our funds will benefit our clients in the future. I am also pleased that we have been able to offer further career growth opportunities to Bastian, Hinesh and Lloyd,” point out.

Stewart Cowley adds: “I am immensely proud of what we have achieved at OMAM and Old Mutual Global Investors over the past six years. Bringing this group of people together has been one of the most important things I have done in my career. Achieving this whilst guiding clients through some of the most difficult market conditions I have seen in my time as a fund manager gives me a real sense of achievement. I wish Julian Ide and all the Old MutuaI Global Investors’ family well in the future.”

menu
menu