Skandia International, including Royal Skandia, has changed its name to that of Old Mutual International in all markets around the world. This completes the rebranding of all the Skandia businesses to Old Mutual.

Skandia International, including Royal Skandia, has changed its name to that of Old Mutual International in all markets around the world. This completes the rebranding of all the Skandia businesses to Old Mutual.

Old Mutual International is the cross-border product provider of Old Mutual Wealth, which has offices in the UK, Isle of Man, Dublin, Europe, UAE, Hong Kong, Singapore and Latin America. Old Mutual International works via the Isle of Mana and Dublin.

The firm is preparing to roll out a researched fund range using the investment know-how of Old Mutual Global Investors and will be looking at the possibility of exporting the investment management capability of Quilter Cheviot once that acquisition completes in early 2015.

Old Mutual Wealth currently oversees £80.3 billion in customer investments (as at 30 June 2014). In October this year Old Mutual Wealth agreed to buy Quilter Cheviot for £585 million ($940 million) from its private equity owner Bridgepoint, completing yet another change of ownership for the affected businesses in what has been a busy period in wealth management mergers and acquisitions.