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Technology helps Old Mutual's Selestia multi-management arm forge ahead.
Publication: Europe Intelligence Wire Publication Date: 31-OCT-04 |
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COPYRIGHT 2004 Financial Times Ltd.
(From Funds International)
Selestia, the British multi-management division of UK financial services group Old Mutual, has just announced its best quarter performance since its launch in November 2001.
Chief executive officer Brett Williams said Selestia attracted [pounds sterling]115 million ($211 million) in the three month to September, taking total assets managed to [pounds sterling]600 million. This announcement followed Selestia's receipt of the award of the UK's Best Multi-Manager Choice (Life and Pensions) at the Multi-Manager Fund Manager of the Year Awards in September....
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