a newly-created holding company for Old Mutual plc's U.S. institutional asset management business, said it has filed with the Securities and Exchange Commission for an initial public offering of Old Mutual shares. The company has mandated Bank of America.
We have said we would create four independent businesses, and with the recently announced transactions in respect of Old Mutual Asset Management (OMAM), that business is now independent. “We are aiming to complete the two listings that will materially .
Tom Turpin, chief executive of Old Mutual Asset Management, has left the firm just months after the firm’s parent, Old Mutual PLC, said that it planned a partial initial public offering of the business. In a statement today, Old Mutual PLC said that he.
Old Mutual Wealth is preparing for its IPO as part of the "managed separation" of the broader Old Mutual group. The firm said today that Tookey will work with Satchel on the "planned demerger and a listing on the London and Johannesburg Stock Exchanges".
OM Asset Management, the asset management arm of London-based Old Mutual with $215 billion in AUM, announced terms for its IPO on Tuesday. The London, United Kingdom-based company plans to raise $352 million by offering 22 million shares (100% insider) at.
In the 10 years since ICBC's $5.5 billion acquisition of a 20% stake in South Africa's Standard Bank Group, there has still been no bigger single China-Africa investment . Looking back now, the deal was remarkable for the speed and relative ease with.
Now that this bull market is in its ninth year and very few active managers have beaten the S&P500 over this stretch, it is now common and universal knowledge that passive index investing is the way to go. Until it isn't. As we all know, the Federal.
Old Mutual Asset Management — a well-heeled, multi-boutique asset manager with $203.1 billion in AUM, has filed for an IPO. The firm is a division of Old Mutual, which is a London-based insurer established in 1845. Old Mutual Asset Management’s roots.
OMAM CEO Bain steps down after Old Mutual reduced stake in business Investment Week.
Old Mutual becomes latest fund house to split its business as it prepares to float its management arm This is Money.
The week of October 6 expects eight initial public offerings. Old Mutual (OM) Asset Management (NYSE: OMAM) will be the largest IPO with $352 million in proceeds if it prices 22 million shares in the middle of its $15 to $17 range. Old Mutual is a holding.