--Industry Veteran to Further Advance OMAM's Global Distribution Strategy--
BOSTON, March 6, 2012 /CNW/ - Old Mutual Asset Management (OMAM), the U.S.-based global asset management business of Old Mutual plc, announced today it has appointed Olivier Lebleu as Head of non-U.S. Distribution, Old Mutual Asset Management International, reporting to Julian Ide, Head of OMAM Global Distribution.
Mr. Lebleu will join Mr. Ide in furthering OMAM's efforts to build core distribution competencies in non-U.S. markets where the firm can meaningfully contribute to its affiliates' global expansion efforts. OMAM believes its multi-boutique capabilities, matched with its strong performance in high demand asset classes, position it to take an active role in growing business outside the U.S.
"Olivier's relationships with the institutional investment community across Europe and the Middle East will strengthen OMAM's distribution efforts outside of the U.S.," said Mr. Ide. "His experience managing teams of distribution professionals will be a significant asset as we harness the benefits of the multi-boutique model for our clients across the globe."
Mr. Lebleu's hiring continues the steady growth of OMAM's global distribution network. With key positions in global distribution in place, the company will also seek to add resources to the U.S. with additional hires soon to be announced in Consultant Relations and Defined Contribution. These roles will report to Brian Carroll, Head of U.S. Distribution.
Prior to joining OMAM, Mr. Lebleu was a partner and a member of the investment advisory committee at Stenham (Montier & Partners). From 2005 to 2008, he was Managing Director, Head of Distribution at MFS Investment Management, a Boston and London-based asset management firm.
Mr. Lebleu holds a BA in Political Science from Haverford College and a Masters in International Affairs from Columbia University. He is a member of the CFA Institute and CFA Society of the UK and is fluent in French and Spanish.
About Old Mutual Asset Management
Old Mutual Asset Management (OMAM) is a global multi-boutique investment organization, managing and growing a diverse portfolio of asset managers that serve institutional and individual investors around the world. The assets under management of OMAM's 17 affiliated investment firms were $224 billion as of September 30, 2011. OMAM is the name through which Old Mutual (US) Holdings Inc. conducts its U.S. asset management business. Its parent company is London-based Old Mutual plc. More information on OMAM, its member firms, and their investment teams and strategies, is available at www.oldmutualus.com. Old Mutual Asset Management International is the global distribution arm of OMAM.
About Old Mutual plc
Old Mutual plc is an international long-term savings, protection and investment Group. Originating in South Africa in 1845, the Group provides life assurance, asset management, banking and general insurance to more than 15 million customers in Europe, the Americas, Africa and Asia. Old Mutual plc is listed on the London Stock Exchange and the Johannesburg Stock Exchange, among others.
SOURCE Old Mutual Asset Management
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