Bringing you live news and features since 2006 

Old Mutual Wealth launches Compass Portfolios


Old Mutual Wealth’s multi asset unit, which includes Old Mutual Global Investors (OMGI) and Quilter Cheviot, has launched the Old Mutual Compass Portfolios, consisting of four portfolios aimed at international investors. The range will be available across a number of jurisdictions, including Singapore and Europe and in a number of currencies. 

The launch is the first from the Old Mutual Wealth multi-asset unit, run by co-investment directors Anthony Gillham (pictured) and Ben Mountain which brings together the complementary skills of OMGI, in portfolio management, and Quilter Cheviot, in fund research – as well as pooling both businesses’ expertise in stock picking. The portfolios’ investment manager is OMGI, and they will be co-managed by Anthony Gillham and Sacha Chorley.
The firm writes that the objective of the Compass portfolios is to generate a long-term total return for international investors, while effectively managing downside risks. “By adopting a risk-targeted approach, with defined volatility parameters for each portfolio, investors will have a better idea of how their investments are likely to perform over the long term, throughout various market conditions. The portfolios each match a different risk profile, with Compass 2 targeting the lowest level and Compass 5 the highest. Using a tactical approach to asset allocation, the portfolio managers will review the mix of assets on a regular basis to achieve the best possible returns for each portfolio.”
The portfolios will take a diversified approach across asset classes, with no specific biases towards regions, currencies or investment styles. In addition to investing in the best funds from around the world, they can hold direct equities and bonds, investment trusts, and alternative investments.
Danny Knight, director, Old Mutual Wealth Multi-Asset Unit, says: “Demand by international investors for outsourced investment solutions has been steadily growing, as the focus on managing risk in volatile markets intensifies. We believe the Compass portfolios are truly addressing this demand: they are diverse, unconstrained and aim to maximise returns for investors, within a level of risk they are comfortable with.
“By introducing the proven approach of risk-targeting, used in the UK by the Old Mutual multi-asset team, advisers can establish their clients’ appropriate level of risk and then outsource investments to a trusted expert, with the knowledge that their on-going investment needs will be continually met, regardless of the economic condition.”
Anthony Gillham, portfolio manager, Old Mutual Compass Portfolios says: “The Old Mutual Compass Portfolios are genuinely actively managed; not only do we make long-term strategic asset allocations, there is also a strong focus on tactical asset allocation to manage short-term risks. Through in-depth analysis of markets, we aim to identify the best investment opportunities and when to exploit them. By investing in a diverse mix of assets, via the world’s best fund managers, specially selected direct securities and alternatives, we aim to ensure the best outcome for investors across all economic and market conditions, while consistently operating within an agreed level of risk.”

Latest News

HSBC Asset Management’s (HSBC AM) ETF and Indexing business has passed USD100 billion in assets under management (AUM), reflecting its..
Amundi’s ETF Market Flows Analysis for April reveals that investors added EUR54.1 billion to global ETFs in April with equities..
VanEck has reached USD10 billion in assets under management in Europe for the first time in April 2024...
Global index revenues increased 9.3 per cent in 2023, totalling a record USD5.8 billion, according to a benchmark study published..

Related Articles

Dan Miller, IQ-EQ
With just over a week to go till T+1 settlement begins in North America, Canada and Mexico, time is of...
Emily Spurling, Nasdaq
Last October’s ETF Express US Awards 2023 found Nasdaq winning Best Index Provider – ESG ETFs and Best Index Provider...
Vinit Srivistava, MerQube
Index provider, MerQube, launched in 2019, with the aim of providing a “technology-driven answer to the most complex, rules-based investment...
Sean O' Hara
Pacer ETFs has announced the launch of three Cash Cows UCITS ETFs. The firm writes that this will give European...
Subscribe to the ETF Express newsletter

Subscribe for access to our weekly newsletter, newsletter archive, updates on the site and exclusive email content.

Marketing by