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Thursday, September 10, 2009

Old Mutual Helps the Financial Press 'Look Ahead'

Reported by Neil Anderson, Managing Editor

After a tumultuous year in the financial markets, Old Mutual Asset Management president and CEO Tom Turpin gathered together members of the financial and trade press to talk with Old Mutual's boutique managers about how 2010 looks.

Thomas M. Turpin
The Old Mutual Asset Management
President, CEO
On Thursday morning about 20 reporters -- including representatives from Bloomberg, MarketWatch and the Wall Street Journal -- joined Old Mutual executives for a press briefing, called "An Early Look Ahead to 2010," at the Algonquin Hotel in midtown Manhattan. Speakers included:

  • Stephen Dexter, chief investment officer of international equities at Copper Rock Capital Partners;
  • Jay Feuerstein, CEO and CIO at 2100 Xenon Group;
  • Kelli Hill, portfolio manager and analyst at Ashfield Capital Partners;
  • John Peta, senior vice president and portfolio manager at Acadian Asset Management;
  • and John Williams, principal and CIO of fixed income at Barrow, Hanley, Mewhinney & Strauss.

    The group provided perspectives on commodities, corporate mortgage-backed securities, emerging market debt, the Fed, inflation, international equities and U.S. large cap growth equities, among other subjects. At the conclusion of the presentations and the Q&A session, Turpin quipped that he noticed "a cautious optimism" amongst the speakers.

    "Let the capital markets be with us," Turpin said.

    According to Turpin, Old Mutual Asset Management now boasts 17 investment boutiques and more than $250 billion in assets. 

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