Old Mutual Sells Fiduciary To Management

The senior management team of Fiduciary Management Associates has entered into an agreement to buy back the investment management firm from its parent company, Old Mutual (US) Holdings Inc. FMA, which was formed in 1980, was acquired by United Asset

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The senior management team of Fiduciary Management Associates has entered into an agreement to buy back the investment management firm from its parent company, Old Mutual (US) Holdings Inc. FMA, which was formed in 1980, was acquired by United Asset Management in 1986, and subsequently bought by Old Mutual in 2000. The firm currently manages in excess of $1.2 billion in assets for institutional clients.

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