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Old Mutual Equity Team In Hong Kong Gets Regulatory Green Light To Operate
Tom Burroughes
17 April 2015
Old Mutual Global Investors, part of UK-based , has announced that its Asian equities team has received regulatory clearance to operate from its Hong Kong office, which means this is the first time the business will have on-the-ground fund management capabilities in Asia. The team was hired in autumn 2014 and consists of Josh Crabb, Diamond Lee, Kris Whitlock and Dmitry Lapidus. The team runs three funds. These include the Old Mutual Asian Equity Fund and the Old Mutual Pacific Equity Fund, which are managed by Josh Crabb, who joined in October 2014. The third fund is the Old Mutual Greater China Equity Fund, managed by Diamond Lee, who joined the business in November 2014. The team manages $500 million in the region. Old Mutual Global Investors has assets under management of £21 billion ($31.3 billion).