Quilter Cheviot’s heritage dates back to 1771 with a long established history of building investment portfolios on behalf of clients, tailored to their individual preferences. It provides exemplary personal service and the latest research and investment expertise, combined with insights and investment opportunities from around the globe. Quilter Cheviot focuses on building long-term business relationships with advisers and clients while offering a tailored and flexible service that suits each investor’s individual objectives.
Since Quilter Cheviot joined Old Mutual Wealth in February, there has been much excitement and interest from international advisers across many markets where the demand for tailored investment solutions in the high net worth space is strong. Having Quilter Cheviot available means more advisers and clients can benefit from access to a leading discretionary investment service; where expert investment managers build and run tailored investment portfolios for clients. This will help open up new opportunities to better serve the high net worth segments.
In September 2015, the Old Mutual Wealth Investment Division combined the best in class capabilities of Quilter Cheviot and Old Mutual Global Investors to form one dedicated unit focused on multi-asset investment solutions. This change represented the next step in Old Mutual Wealth's strategy of building the UK's leading investment business. Led by Ben Mountain (Quilter Cheviot) and Anthony Gillham (Old Mutual Global Investors), the multi-asset investment solutions unit includes portfolio management, fund research and asset allocation. This team delivers the multi-asset capability in South Africa.
The South African market is currently going through regulatory change under the Retail Distribution Review. This is creating a growing trend towards outsourced investment solutions, as seen in the UK. By outsourcing the investment process to a team of experts, advisers will not only simplify and risk manage their compliance processes, but will be able to free up time which they can spend with their clients.
Old Mutual International is well positioned to benefit from this growing trend through its Investment Portfolio +, utilising investment solutions available from the Investment Division and Quilter Cheviot. In addition to multi-asset investment solutions and a researched fund range, advisers and clients in South Africa will now have access to a world class international discretionary manager.
Marcel Bradshaw, sales director, Old Mutual International, comments:
“It is our ambition to become the leading investment business in our markets. The South African market is important to us, not least because of our Old Mutual heritage dating back over 170 years. Being able to export the investment capability of Quilter Cheviot and Old Mutual Global Investors into South Africa creates a compelling proposition for our international business. We can now offer a range of credible outsourced solutions which help meet a wide variety of adviser and client needs, from mass affluent right through to the ultra-high net worth.”