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Old Mutual U.S. Sets Up Managed Account Company

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.