OMIGSAOld Mutual Investment Group South Africa
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Radley joined OMSA as Finance Director in 2008, responsible for finance, risk and capital including the investment of shareholder funds managed by OMIGSA.
OMGxT was set up earlier this year by OMIGSA in order to take advantage of a gap it pinpointed in the US market for low-cost, low-tracking- error emerging market ETF products.
Although the US market for ETFs is a very competitive one, we saw that many of the large financial services groups offering these products were charging far higher fees for their emerging markets ETFs than for their standard domestic ETFs, where margins have been driven down to extremely low levels," said OMIGSA CEO Thabo Dloti.