Skandia rebrands as Old Mutual International

The Isle of Man-based offshore savings and investment firm, Skandia International, which also includes Royal Skandia, has re-branded itself as Old Mutual International across all global markets.

Verdict Staff December 22, 2014

The Isle of Man-based offshore savings and investment firm, Skandia International, which also includes Royal Skandia, has re-branded itself as Old Mutual International across all global markets.

In addition, Old Mutual International has unveiled plans to launch a new researched fund range following the acquisition of the wealth firm Quilter Cheviot in 2015.

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The rebranded firm will play a key role in the Old Mutual Wealth integrated model comprising Intrinsic and AIVA to offer financial advice in the UK and Latin America respectively.

It will also continue to offer offshore bonds and other investment products via the Isle of Man and Dublin.

Old Mutual International under the umbrella business of Old Mutual Wealth, that has offices in the UK, Isle of Man, Dublin, Europe, UAE, Hong Kong, Singapore and Latin America, will provide cross-border products.

Old Mutual Wealth CEO Paul Feeney said: "Becoming Old Mutual International is an important milestone. We are committed to building a strong cross-border investment business under the Old Mutual brand that will offer financial advisers and their clients new investment solutions.

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Wealth Interactive gives us a solid platform for growth, and we will be investing in the Old Mutual brand in all our markets to support advisers recommending our products to their clients," he added.