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SOURCE Old Mutual Asset Management
Appointment advances firm's strategic growth plans
CONSHOHOCKEN, Pa., Feb. 25, 2013 /PRNewswire/ -- Echo Point Investment Management, LLC, announced today the appointment of John S. Larson as Executive Director in charge of marketing and client service. This newly created position represents a significant expansion of the firm's sales and marketing team, and marks a key advancement in the firm's strategic growth plans. Echo Point specializes in international equity asset management on behalf of institutional clients, and is a subsidiary of Old Mutual Asset Management (OMAM), the US-based global asset management business of Old Mutual plc.
In his new role, Mr. Larson will focus on expanding Echo Point's relationships with consultants and plan sponsors, while also directing the firm's marketing and client service efforts. Prior to joining Echo Point, he was responsible for the development of an institutional distribution plan at Cole Capital. Before Cole Capital, Mr. Larson had an extended tenure at Gardner Lewis Asset Management, where he oversaw client service, marketing and business development. In addition, he previously directed marketing and sales efforts at Cooke & Bieler, an independent investment advisory firm based in Philadelphia.
"We are excited to have John join our team. He brings a wealth of experience, and his strategic thinking and knowledge of the consulting and plan sponsor communities will help us better service our clients and boost our efforts to grow our institutional business," said Hans van den Berg, Chief Executive Officer and Lead Portfolio Manager of Echo Point.
John Larson's appointment is an important advancement as the firm executes its strategic growth plan.
About Echo Point Investment Management LLC
Echo Point is an international equity investment boutique, managing portfolios for institutional and sub-advisory clients in the US and Canada. The investment team, whose hallmark is consistency, adheres to a fundamental, active investment philosophy and disciplined process that were first conceived in 1995. Located in suburban Philadelphia, Echo Point is an affiliate of Old Mutual Asset Management. As of December 31, 2012, Echo Point managed approximately $1.7 billion in client assets. More information on Echo Point is available at www.echopointim.com.
About Old Mutual Asset Management
OMAM is a global multi-boutique investment organization, managing and growing a diverse portfolio of asset managers that serve institutional investors around the world. The assets under management of OMAM's affiliated investment firms were $217 billion as of September 30, 2012. OMAM is the name through which Old Mutual (US) Holdings Inc. conducts its US asset management business. Its parent company is London-based Old Mutual plc. More information about OMAM, its member firms, and their investment teams and strategies, is available at www.oldmutualus.com.
About Old Mutual plc
Old Mutual is an international long-term savings, protection and investment Group. Originating in South Africa in 1845, the Group provides life assurance, asset management, banking and general insurance to more than 12 million customers in Africa, the Americas, Asia and Europe. Old Mutual has been listed on the London and Johannesburg Stock Exchanges, among others, since 1999. In the year ended 31 December 2011, the Group reported adjusted operating profit before tax of £1.5 billion (on an IFRS basis) and had £267 billion of funds under management from core operations.
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