Old Mutual AUM up 0.7% in 4th quarter

Old Mutual Asset Management reported $332.6 billion in assets under management as of Dec. 31, up 0.7%, or $2.4 billion, from the prior quarter and up 22% from the year before. In a news release, Old Mutual reported net inflows of $8.9 billion for the quarter, slightly down from $9.1 billion for the previous quarter.