Richard Buxton, manager of Old Mutual UK Alpha fund, has been promoted to CEO at Old Mutual Global Investors (OMGI) with immediate effect. He will be supported by Warren Tonkinson, who has been appointed to the newly created position of Managing Director.

Mr Buxton joined Old Mutual as head of UK equities in June 2013. He was previously head of UK equities at Schroders, where he managed the Schroder UK Alpha Plus fund for more than ten years.

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We are excited to announce a new Talking Factsheet which has gone live on the Square Mile Academy of Funds. The Royal London UK Equity Income fund video features Jason Broomer, Head of Investments. 

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Square Mile Investment Consulting and Research today confirms three new fund ratings, with two new entrants to the list of recommended funds and one rating upgrade.

• The Invesco Perpetual Global Financial Capital fund has been upgraded to an AA rating from Positive Prospect.

• The Henderson Multi Manager Income & Growth fund has entered Square Mile's Academy of Funds with an A rating.

• The L&G UK Property fund also joins the Academy of Funds with an R (Recommended) rating.

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