Old Mutual Global Investors (OMGI), part of Old Mutual Wealth, is planning to launch a new Gold & Silver Fund in March 2016, subject to regulatory approval.
The fund will be managed by Ned Naylor-Leyland alongside analyst Joe Lunn and investment administrator Amelia Brown, all the three worked with Naylor-Leyland at Quilter Cheviot. Naylor-Leyland joined OMGI from Quilter Cheviot in September 2015.
Go deeper with GlobalData
The Old Mutual Gold & Silver fund will be a sub-fund of the Dublin-domiciled Old Mutual Global Investors Series.
The Gold and Silver Fund has been designed to deliver a total return by combining indirect exposure to gold and silver bullion, and ‘selected precious metals mining equities to target maximum diversification and potential for upside for investors.
OMGI said that the management team will employ a bottom-up stock selection process in order to identify companies that should produce positive long-term returns.
The team will adjust the weighting of gold and silver related equity and equity-related securities, at various points throughout the market cycle, to create the optimal balance.
How well do you really know your competitors?
Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.
Thank you!
Your download email will arrive shortly
Not ready to buy yet? Download a free sample
We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form
By GlobalDataThe fund will target clients seeking to diversify their portfolio and benefit from the prospect of attractive long term growth in the gold and silver market.
Naylor- Leyland said: "I’m delighted to be at Old Mutual Global Investors working on the launch of a new gold and silver fund. In times of market turmoil, monetary metals have consistently been turned to as a safe haven for investors."
OMGI managing director Warren Tonkinson said: "As investors increasingly look for alternatives to diversify their portfolios, now is the perfect time to launch the Old Mutual Gold & Silver Fund.
"Ned brings with him a wealth of experience and his appointment is another great example of how we are working with our colleagues at Quilter Cheviot to identify opportunities to utilise existing skills within the business to enhance our proposition and add value for investors."
