Old Mutual Asset Management names head of Middle East sales
Old Mutual Asset Management (OMAM) has named Richard Souri as senior vice president and head of Middle East sales.
Souri will focus on introducing the diverse investment capabilities of OMAM's eight affiliate firms to institutional investors in the region, including sovereign wealth funds, local pension funds and family offices.
His primary area of responsibility will be in Gulf Cooperation Council (GCC) countries, which include Bahrain, Kuwait, Oman, Saudi Arabia, United Arab Emirates and Qatar.
"Richard is a highly talented, experienced professional who brings a range of capabilities and relationships to our global distribution team and further enhances our ability to identify and serve areas of potential investor demand on behalf of OMAM's Affiliates," says Linda Gibson, OMAM's executive vice president and head of global distribution.
OMAM's affiliates specialise in a wide range of investment strategies including: US growth and value equities across the market capitalisation spectrum; global sovereign and credit strategies; global, international and emerging markets equities; and a number of alternative investments including private and listed real estate as well as timber investments. These strategies are offered through eight asset managers: Acadian Asset Management; Barrow, Hanley, Mewhinney and Strauss; The Campbell Group; Copper Rock Capital Partners; Heitman; Investment Counselors of Maryland; Rogge Global Partners; and Thompson, Siegel & Walmsley.
Souri joins the Old Mutual Asset Management International distribution team from MSCI Barra, where he spent over 10 years in both sales and analytical roles in the US, London and Dubai. He helped open MSCI Barra's Middle East office in Dubai in 2007 and has developed its SWF and institutional clientele across the region over the last several years.
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