Old Mutual Global Investors has tapped Ian Ormiston for the newly-created European smaller companies fund manager position. Reporting to Richard Buxton, he will lead the development and launch of a new European Smaller Companies Fund (subject to regulatory approval), details to be confirmed later in the fourth quarter 2014.

Ormiston joins Old Mutual Global Investors' UK and European Equities team, which includes the specialist European large cap equities capabilities of Kevin Lilley and UK small and mid-cap equity skills of Dan Nickols, Luke Kerr and Richard Watts. This 16 strong team manages over