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February 12, 2014updated 04 Apr 2017 2:31pm

Old Mutual Global Investors names new governance head

Old Mutual Global Investors (OMGI) has hired Paul Emerton as new head of UK stewardship and governance.

By Verdict Staff

Old Mutual Global Investors (OMGI) has hired Paul Emerton as new head of UK stewardship and governance.

In his new role, Emerton will work together with the UK equities team to enhance corporate performance and standards of governance.Emerton will report to his former colleague from Schroders Richard Buxton, OMGI head of UK equities.

Prior to joining OMGI, Emerton with 25 years of experience advising fund managers, most recently served as head of governance at Schroders.

Buxton said: "Ensuring that companies in which we invest have good boards, genuinely independent non-executive directors and an appropriate incentive structure makes a real difference to outcomes for our clients.

"Actively engaging with companies and other investors to improve corporate performance is an essential part of our role as active managers and responsible stewards of our clients’ assets. This appointment clearly demonstrates the importance we place on our stewardship responsibilities and active engagement to enhance returns for our clients," he added.

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