Investment-product peddler wants to cozy up to "key distribution channels". Denver-based Old Mutual Capital has hired a clutch of senior wholesalers to support an aggressive campaign on behalf of its mutual-fund and separately managed account (SMA) programs.

The new hires are Sentinel Financial Services' former director of national accounts George Endres, Jim Gallagher, former head of sales development at Merrill Lynch Investment Managers (now part of BlackRock) Mark Kiniry, national sales manager and director of investment strategy at Lincoln Financial's Delaware Investments, and -- also from Delaware Investments, where she was head of retail products -- Debra Landsman-Yaros.

Wide and deep

"These individuals possess the expertise and industry contacts to help [Old Mutual Capital] build upon its momentum," says Bruce Johnston, CEO of Old Mutual Capital's distribution subsidiary Old Mutual Investment Partners. "Through their efforts, Old Mutual will expand and deepen its relationships across key distribution channels."

Endres has been made chief distribution officer of Old Mutual Capital, which distributes investment products from Old Mutual Asset Management, a consortium of 19 investment-management affiliates.

Gallagher is v.p. for Old Mutual Capital's eastern U.S. region, and Kiniry is his counterpart in the firm's central U.S. region.

Meanwhile Landsman-Yaros has been appointed v.p. for national accounts, a new position at Old Mutual Capital.

Old Mutual Asset Management is the U.S. investment-management group of London-based financial-service company Old Mutual. Old Mutual's global asset-management businesses had $528 billion in assets under management on 30 June 2007. -FWR

Purchase reproduction rights to this article.