Cirilium is a multi-manager joint venture between Henderson and Intrinsic, the 3000-strong adviser network. Each hold a 50 per cent stake in the venture.
Old Mutual acquired Intrinsic in February, after talks were first revealed by Money Marketing in December.
Cirilium, which supports £1.4bn of investments, remains part of the Intrinsic investment panel. On ann-ouncing the Intrinsic deal, Old
Mutual said there were no plans to remove the venture from the panel.
The asset manager is understood to be in talks about acquiring the remaining 50 per cent share from Henderson but no firm decision has been made as Old Mutual is considering a number of options.
A joint statement from Henderson and Old Mutual says: “No changes are being made to the Cirilium proposition at this stage.
“Both companies will be looking at how to develop the proposition in future because it remains the core investment solution for Intrinsic’s restricted advisers.”
It is understood that no changes will be made to the proposition before the Intrinsic acquisition gains regulatory approval.