Old Mutual

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18h
Newsmax
Gold's Revival Gives Life to Market-Beating South African FundOld Mutual Plc money manager Meryl Pick has a fitting background in chemical en
Gold's Revival Gives Life to Market-Beating South African Fund
Newsmax / Posted 18 hours ago
Old Mutual Plc money manager Meryl Pick has a fitting background in chemical engineering for the modern alchemy of transforming South Africa’s only remaining gold fund into the continent’s top performer. Pick’s Old Mutual Gold Fund has gained 110... Read more
23h
iol.co.za
MTN move opens door to Icasa spectrum auctionlast week. “That equates to a total return of about 400 percent and compound an
MTN move opens door to Icasa spectrum auction
iol.co.za / Posted 23 hours ago
last week. “That equates to a total return of about 400 percent and compound annual growth of about 26 percent,” MTN said. Old Mutual Equities analyst Philip Short said after the deal, there would be an effective indirect see-through of... Read more
1d
iol.co.za
Gold’s revival gives life to SA fundPick’s Old Mutual Gold Fund has gained 110 percent this year, beating the avera
Gold’s revival gives life to SA fund
iol.co.za / Posted yesterday
Pick’s Old Mutual Gold Fund has gained 110 percent this year, beating the average 2.6 percent across South African investments tracked by Bloomberg. The 32-year-old is being aided by a world-beating rally in the country’s gold mining stocks, which... Read more
3d
Business Standard India
Old Mutual goes bullish on pound as post-Brexit data surpriseThe world's worst-performing major currency of 2016 is starting to win some fri
Old Mutual goes bullish on pound as post-Brexit data surprise
Business Standard India / Posted 3 days ago
The world's worst-performing major currency of 2016 is starting to win some friends. Old Mutual Asset Managers, which oversees £327 billion ($427 billion), said it turned bullish on the pound after UK economic data signalled the country was... Read more
3d
AllAfrica.com
NSIA Moves to Fill Gaps in Agric Value Chainseems to be gathering momentum as the Nigeria Sovereign Investment Authority (N
NSIA Moves to Fill Gaps in Agric Value Chain
AllAfrica.com / Posted 3 days ago
seems to be gathering momentum as the Nigeria Sovereign Investment Authority (NSIA) has signed an agreement with Old Mutual Investment Group (OMIG) of South Africa, and African Agri-Investments (UFF) Agri-Fund for the establishment of a... Read more
5d
AllAfrica.com
NMBZ to Launch Low Cost Bank Accountsubscriptions and buying airtime. Account holders will also have access to ins
NMBZ to Launch Low Cost Bank Account
AllAfrica.com / Posted 5 days ago
subscriptions and buying airtime. Account holders will also have access to insurance products which are underwritten by Old Mutual Insurance Company. The bank's clients can also apply for a Visa card, which can be used internationally and... Read more
5d
AllAfrica.com
IIZ Annual Winter School On Next Weekand strategy executive Ms Farayi Mangwende who will speak on the role, impact o
IIZ Annual Winter School On Next Week
AllAfrica.com / Posted 5 days ago
and strategy executive Ms Farayi Mangwende who will speak on the role, impact of e-commerce in the insurance sector and Old mutual Zimbabwe group chief risk officer Mr Shepherd Fungura who would focus on predictive... Read more
5d
AllAfrica.com
Lack of Statistics Affect Informed Decision - Mushoshois making it difficult for government and companies to make informed decisions
Lack of Statistics Affect Informed Decision - Mushosho
AllAfrica.com / Posted 5 days ago
is making it difficult for government and companies to make informed decisions that could help speed up economic recovery, Old Mutual Zimbabwe chief executive officer Jonas Mushosho said. He was responding to a question on the extent of... Read more
5d
AllAfrica.com
Old Mutual Zimbabwe Upbeat On New MallOne of the country's largest financial services groups, Old Mutual Zimbabwe, sa
Old Mutual Zimbabwe Upbeat On New Mall
AllAfrica.com / Posted 5 days ago
One of the country's largest financial services groups, Old Mutual Zimbabwe, says it will continue to deploy capital into areas that contribute to economic revival. Chief executive officer, Jonas Mushosho told analysts in Harare last week that one... Read more
5d
AllAfrica.com
ZB Financial Holdings Backs Treasury Billsof knowledge over the State's indebtedness through TBs. "If this information i
ZB Financial Holdings Backs Treasury Bills
AllAfrica.com / Posted 5 days ago
of knowledge over the State's indebtedness through TBs. "If this information is published, it will calm the markets," said Old Mutual CEO, Jonas Mushosho. Old Mutual Securities (OMSEC), a unit of the Zimbabwe Stock Exchange-listed Old Mutual,... Read more
8d
Eye Witness News
Rand resumes rally, shares led lower by resource sectormarkets again and commodity prices firming up from historically low levels, it
Rand resumes rally, shares led lower by resource sector
Eye Witness News / Posted 8 days ago
markets again and commodity prices firming up from historically low levels, it is no wonder that the rand has done well,” Old Mutual analyst Izak Odendaal said in a note. Spot gold was up 0.3 percent while silver rose 0.6 percent, boosted by... Read more
8d
The Times & The Sunday Times
Top graduate employers top the SAGEA awardsHealth - Discovery and runners up are Mediclinic‚ followed by Netcare. - Insura
Top graduate employers top the SAGEA awards
The Times & The Sunday Times / Posted 8 days ago
Health - Discovery and runners up are Mediclinic‚ followed by Netcare. - Insurance - Discovery and runners up are Old Mutual‚ followed by Sanlam. - Investment Banking - Investec and runners up are Rand Merchant Bank‚ followed by Allan... Read more
8d
AllAfrica.com
Old Mutual Zim Reports Steady EarningsOld Mutual Zimbabwe expects the country to continue to experience sub-par econo
Old Mutual Zim Reports Steady Earnings
AllAfrica.com / Posted 8 days ago
Old Mutual Zimbabwe expects the country to continue to experience sub-par economic growth for the foreseeable future, according to CEO Jonas Mushosho. Speaking at the group's results presentation on Friday, Mushosho said reforms have now become... Read more
9d
AllAfrica.com
Old Mutual Separation to Benefit Market ExpansionOld Mutual Zimbabwe has said the separation of parent group Old Mutual Plc will
Old Mutual Separation to Benefit Market Expansion
AllAfrica.com / Posted 9 days ago
Old Mutual Zimbabwe has said the separation of parent group Old Mutual Plc will result on specialised focus on the expansion of Old Mutual Emerging Markets (OMEM). Earlier in March, Old Mutual Plc announced that it would split its businesses into... Read more
9d
dna
Life insurers' new business premiums up 4% to Rs 13,854 crore in JulyNew business premiums of Max Life stood at Rs 217.39 crore from Rs 185.78 crore
Life insurers' new business premiums up 4% to Rs 13,854 crore in July
dna / Posted 9 days ago
New business premiums of Max Life stood at Rs 217.39 crore from Rs 185.78 crore last year and Kotak Mahindra Old Mutual Life reported (new business premiums of) of Rs 157.25 crore as against Rs 128.34 crore July 2015. The private... Read more
9d
Business Standard India
Life insurers' new biz premiums up 4% to Rs 13,854 crore in JulyNew business premiums of Max Life stood at Rs 217.39 crore from Rs 185.78 crore
Life insurers' new biz premiums up 4% to Rs 13,854 crore in July
Business Standard India / Posted 9 days ago
New business premiums of Max Life stood at Rs 217.39 crore from Rs 185.78 crore last year and Kotak Mahindra Old Mutual Life reported (new business premiums of) of Rs 157.25 crore as against Rs 128.34 crore July 2015. The private... Read more
10d
Hindustantimes.com
Bhopal gas tragedy survivors burn Obama’s effigy for ‘shielding Dow Chemicals’particularly the Home Ministry which sent the Bhopal court’s notice to the US D
Bhopal gas tragedy survivors burn Obama’s effigy for ‘shielding Dow Chemicals’
Hindustantimes.com / Posted 10 days ago
particularly the Home Ministry which sent the Bhopal court’s notice to the US Department of Justice have chosen to remain quiet about the repeated violation of the 25-year-old Mutual Legal Assistance Treaty between India and US,” said Rachna Dhin... Read more
11d
AllAfrica.com
Mushosho Appointed Omem Regional CEOOld Mutual Emerging Markets (OMEM) has appointed Jonas Mushosho regional CEO fo
Mushosho Appointed Omem Regional CEO
AllAfrica.com / Posted 11 days ago
Old Mutual Emerging Markets (OMEM) has appointed Jonas Mushosho regional CEO for Southern and East Africa following the departure of Mr Tavaziva Madzinga. The group announced that Mr Madzinga will be leaving Old Mutual after 15 years to pursue an... Read more
11d
iol.co.za
Hitches in Old Mutual's breakupIn March, Old Mutual announced that it would break its businesses into Nedbank,
Hitches in Old Mutual's breakup
iol.co.za / Posted 11 days ago
In March, Old Mutual announced that it would break its businesses into Nedbank, Old Mutual Asset Management, emerging markets and Old Mutual Wealth. The FCA placed Old Mutual Wealth and five other insurance firms under investigation earlier this... Read more
12d
heraldscotland
Pound hits post-Brexit low against Euro amid housing market 'wobble'to 1041p, Intertek Group up 96p to 3663p, British American Tobacco up 126.5p to
Pound hits post-Brexit low against Euro amid housing market 'wobble'
heraldscotland / Posted 12 days ago
to 1041p, Intertek Group up 96p to 3663p, British American Tobacco up 126.5p to 4985p. The biggest fallers were Direct Line Insurance down 16p to 377p, Old Mutual down 8.6p to 216.9p, Berkeley Group down 98p to 2515p and BT Group down 9.1p to 399.... Read more
21 related stories
12d
Belfast Telegraph
Pound hits post-Brexit low against euro amid housing market 'wobble'to 1041p, Intertek Group up 96p to 3663p, British American Tobacco up 126.5p to
Pound hits post-Brexit low against euro amid housing market 'wobble'
Belfast Telegraph / Posted 12 days ago
to 1041p, Intertek Group up 96p to 3663p, British American Tobacco up 126.5p to 4985p. The biggest fallers were Direct Line Insurance down 16p to 377p, Old Mutual down 8.6p to 216.9p, Berkeley Group down 98p to 2515p and BT Group down 9.1p to 399.... Read more
12d
Eye Witness News
Rand flat, Old Mutual weighs on South African shares#RandReport: The currency traded 0.1 percent higher at 13.292 to the dollar.
Rand flat, Old Mutual weighs on South African shares
Eye Witness News / Posted 12 days ago
#RandReport: The currency traded 0.1 percent higher at 13.292 to the dollar. Picture: EWN. JOHANNESBURG – The rand was little changed near 10-month highs on Thursday and gains in the benchmark... Read more
12d
Money Marketing Online
Cofunds deal important milestone for investment trustsago.” Brodie-Smith points out that FundsNetwork was the “trailblazer” introduc
Cofunds deal important milestone for investment trusts
Money Marketing Online / Posted 12 days ago
ago.” Brodie-Smith points out that FundsNetwork was the “trailblazer” introducing investment companies in November, while Old Mutual is currently improving its technology to be able to include them. “Adviser purchases of investment companies have... Read more
12d
International Business Times
FTSE Moves: London market slips as heavyweight firms trade ex-dividend said the "ex-dividend bonanza has resulted in some big names falling sharply".
FTSE Moves: London market slips as heavyweight firms trade ex-dividend
International Business Times / Posted 12 days ago
said the "ex-dividend bonanza has resulted in some big names falling sharply". African-focused financial services firm Old Mutual blamed "challenging" markets as it posted lower profit in its first six months of the year, sending shares down... Read more
12d
AllAfrica.com
Weak Rand Dents Old Mutual Interim ResultsVolatility in global markets and persistent stress in the rand saw Old Mutual [
Weak Rand Dents Old Mutual Interim Results
AllAfrica.com / Posted 12 days ago
Volatility in global markets and persistent stress in the rand saw Old Mutual [JSE:OML] report a decline in earnings for the six months to end-June 2016. In its results released on Thursday, Old Mutual reported pre-tax adjusted operating profit of... Read more
12d
iol.co.za
Old Mutual spilt could be delayedThe financial services provider said on Thursday it was on track to complete th
Old Mutual spilt could be delayed
iol.co.za / Posted 12 days ago
The financial services provider said on Thursday it was on track to complete the process by the end of 2018. Old Mutual Wealth is one of UK six insurance firms placed under investigation earlier this year over the treatment of long-time insurance... Read more
12d
Money Marketing Online
Old Mutual Wealth profits slashed by a third after legacy fee cutProfits at Old Mutual Wealth have slid by over a third (31 per cent) to £104m i
Old Mutual Wealth profits slashed by a third after legacy fee cut
Money Marketing Online / Posted 12 days ago
Profits at Old Mutual Wealth have slid by over a third (31 per cent) to £104m in the first half of 2016. The firm – which is undergoing major restructuring – says the drop in adjusted operating profit was driven by cutting fees on legacy products... Read more
12d
International Business Times
Old Mutual posts profit drop of 9% to £708m as it pushes ahead with turnaround plan African-focused financial services firm Old Mutual blamed "challenging" markets
Old Mutual posts profit drop of 9% to £708m as it pushes ahead with turnaround plan
International Business Times / Posted 12 days ago
African-focused financial services firm Old Mutual blamed "challenging" markets as it posted lower profit in its first six months of the year. It said its pre-tax first-half operating profit fell 9% to £708m in the first half to the end of June... Read more
12d
iol.co.za
Old Mutual’s profit drops in tough climateOld Mutual, which has said it plans to break itself up into four parts, said ne
Old Mutual’s profit drops in tough climate
iol.co.za / Posted 12 days ago
Old Mutual, which has said it plans to break itself up into four parts, said net client cash flows fell 13% in constant currency terms to 3.5 billion pounds, against a forecast 5 billion, though funds under management were in line with forecast at... Read more
12d
iol.co.za
Majority of homeowners under strain - Absa reviewAbsa quarterly housing review. Absa said information on home loan repayment pa
Majority of homeowners under strain - Absa review
iol.co.za / Posted 12 days ago
Absa quarterly housing review. Absa said information on home loan repayment patterns on primary residences published by Old Mutual last month showed that the percentage of homeowners paying extra into their mortgage loan accounts was also lower... Read more
13d
AllAfrica.com
Old Mutual to Sell Old Mutual Wealth ItalyOld Mutual [JSE:OML] announced on Wednesday that it has agreed to sell Old Mutu
Old Mutual to Sell Old Mutual Wealth Italy
AllAfrica.com / Posted 13 days ago
Old Mutual [JSE:OML] announced on Wednesday that it has agreed to sell Old Mutual Wealth Italy (OMWI) to Ergo Italia, which is owned by Cinven. The sale price is €278m in cash plus interest up to the date of completion of the deal, which is expected... Read more
13d
iol.co.za
Old Mutual says arrivederci to ItalyThe company says, as at the end of the 2015 year, Old Mutual Wealth Italy had 7
Old Mutual says arrivederci to Italy
iol.co.za / Posted 13 days ago
The company says, as at the end of the 2015 year, Old Mutual Wealth Italy had 7 billion euros of funds under management and contributed 22 million euros in post-tax earnings for the year. “The sale is the final part of the divestment of Old Mutual... Read more
13d
AllAfrica.com
Kenya's Amateurs Leave for Uganda OpenGolf Day: Winner Ketul Tanna 44 points, Anand Chandarana 40, Weldon Mutai 39. G
Kenya's Amateurs Leave for Uganda Open
AllAfrica.com / Posted 13 days ago
Golf Day: Winner Ketul Tanna 44 points, Anand Chandarana 40, Weldon Mutai 39. Guest Hasnan Jagani 43. At Limuru: UAP/Old Mutual Golf Day; Overall winner Kabeere Ndungu 37, Men winner; Steve Maina 36 cb Timothy Kuria, Tom Simba. Lady winner;... Read more
14d
Business Insurance
Swiss Re makes Middle East, Africa reinsurance appointmentCEO of Swiss Re U.K. Mr. Madzinga previously was regional CEO for south and ea
Swiss Re makes Middle East, Africa reinsurance appointment
Business Insurance / Posted 14 days ago
CEO of Swiss Re U.K. Mr. Madzinga previously was regional CEO for south and east Africa at Pinelands, South Africa-based Old Mutual Life Assurance Co. Ltd. “The MEA region is a strategically significant high growth market for us, having enjoyed... Read more
14d
AllAfrica.com
Old Mutual Appoints New BossOLD Mutual has appointed Nangula Kauluma as managing director for OMSIC with ef
Old Mutual Appoints New Boss
AllAfrica.com / Posted 14 days ago
OLD Mutual has appointed Nangula Kauluma as managing director for OMSIC with effect from 1 September. Kauluma joined the Old Mutual Group in 2006, and has since held numerous leadership and executive roles. When she joined Old Mutual Namibia in... Read more
14d
Money Marketing Online
Old Mutual offloads Italian arm as break-up acceleratesOld Mutual is to sell its Italian wealth management business to ERGO Italia, ow
Old Mutual offloads Italian arm as break-up accelerates
Money Marketing Online / Posted 14 days ago
Old Mutual is to sell its Italian wealth management business to ERGO Italia, owned by private equity firm Cinven, for £237m plus interest. Cinven has a stake in annuity specialist Partnership, which merged with Just Retirement earlier this year, and... Read more
14d
sportsvibe
Eddie Jones announces provisional 45-man elite player squad for pre-season training campLensbury Hotel from 6-8 August and take part in training, planning meetings and
Eddie Jones announces provisional 45-man elite player squad for pre-season training camp
sportsvibe / Posted 14 days ago
Lensbury Hotel from 6-8 August and take part in training, planning meetings and individual reviews in preparation for the Old Mutual Wealth Series against South Africa, Fiji, Argentina and Australia later in the year. Jones has named a number of... Read more
14d
AllAfrica.com
Roche, Old Mutual Partner On Insurance Product for Terminal IllnessesIn a bid to increase awareness and enrollment of individuals on life and health
Roche, Old Mutual Partner On Insurance Product for Terminal Illnesses
AllAfrica.com / Posted 14 days ago
In a bid to increase awareness and enrollment of individuals on life and health insurance, Old Mutual Nigeria and Roche Products Limited have signed a memorandum of understanding for the creation of a Terminal Illness Insurance product that will... Read more
15d
Money Marketing Online
Old Mutual acquires Yorkshire advice firmOld Mutual Wealth Private Client Advisers has acquired West Yorkshire advice fi
Old Mutual acquires Yorkshire advice firm
Money Marketing Online / Posted 15 days ago
Old Mutual Wealth Private Client Advisers has acquired West Yorkshire advice firm Beaumont Robinson, which has £250m assets under advice. Staff and management at Beaumont Robinson, which has more than 850 clients, will stay with the business.... Read more
16d
AllAfrica.com
Cry Our Beloved Sablestop. Zimbabwe boasts of one of the finest development programmes on the contin
Cry Our Beloved Sables
AllAfrica.com / Posted 16 days ago
top. Zimbabwe boasts of one of the finest development programmes on the continent through support from partners such as Old Mutual, while the local schools structure is the envy of many rugby playing nations around the world. Zimbabwe's schools... Read more
18d
Money Marketing Online
Chinese equity star manager Diamond Lee leaves OMGIVeteran China equity star manager Diamond Lee has left Old Mutual Global Invest
Chinese equity star manager Diamond Lee leaves OMGI
Money Marketing Online / Posted 18 days ago
Veteran China equity star manager Diamond Lee has left Old Mutual Global Investors to pursue “a career outside of asset management”, the group has announced. Lee was the manager of OMGI’s £47.1m China Equity fund. He was poached by OMGI in November... Read more
18d
Zero Hedge
Futures, Global Stocks Rise As Oil, USDJPY Drops: All Eyes On The Jobs Reportup again but we did also see UK financials perform strongly with the likes of A
Futures, Global Stocks Rise As Oil, USDJPY Drops: All Eyes On The Jobs Report
Zero Hedge / Posted 18 days ago
up again but we did also see UK financials perform strongly with the likes of Aviva (+6.70%), Standard Chartered (+5.16%), Old Mutual (+3.37%) and Prudential (+3.13%) all outperforming while homebuilders (Taylor Wimpey +1.75%, Berkley Group +1.73%)... Read more
7 related stories
18d
Eye Witness News
Ratings agencies monitoring elections, warns Old Mutual South Africa has managed to avoid three credit rating downgrades this year.
Ratings agencies monitoring elections, warns Old Mutual
Eye Witness News / Posted 18 days ago
South Africa has managed to avoid three credit rating downgrades this year. Picture: EWN. credit ratings agencies,ratings agency The company's Graham Tucker says the immediate outcome of the... Read more
19d
The Times & The Sunday Times
The hunt is on for upcoming MCs to share a stage with Kwesta, Proverb and Nasty Con the most likes and interactions on their video post, the grand winner will b
The hunt is on for upcoming MCs to share a stage with Kwesta, Proverb and Nasty C
The Times & The Sunday Times / Posted 19 days ago
on the most likes and interactions on their video post, the grand winner will be selected by panel of judges selected by Old Mutual and its subsidiaries. The winner will receive - R 10 000 cash, which will be paid to his/her tuition fees within... Read more
19d
New Zimbabwe
Old Mutual says TBs now high riskmissed the target by six percent in the three months to June 30. In the first q
Old Mutual says TBs now high risk
New Zimbabwe / Posted 19 days ago
missed the target by six percent in the three months to June 30. In the first quarter, it missed the target by 16 percent. Old Mutual Securities, a unit of the Zimbabwe Stock Exchange-listed financial services giant, Old Mutual Limited, estimates... Read more
19d
Money Marketing Online
Which funds stand to gain from BoE stimulus?for them. The effects of a weak pound will take some time to come through and b
Which funds stand to gain from BoE stimulus?
Money Marketing Online / Posted 19 days ago
for them. The effects of a weak pound will take some time to come through and be reflected in profits.” He recommends the Old Mutual UK Alpha fund, run by Richard Buxton, due to its healthcare and oil market exposure, as well as its UK bank... Read more
20d
Daily Telegraph
Trump sparks nuclear firestormtreaties, he was dismissive: “It’s going to happen anyway.” Not to mention his
Trump sparks nuclear firestorm
Daily Telegraph / Posted 20 days ago
treaties, he was dismissive: “It’s going to happen anyway.” Not to mention his stance towards upholding decades-old mutual protection treaties. 11. ....would be this. "Leave our alliances, fall back on a nuclear first use policy." Does... Read more
24 related stories
20d
Canberra Times
'I don't like bonds, most stocks,' says bond king Bill Grosssince he took over in October 2014 after leaving Pacific Investment Management
'I don't like bonds, most stocks,' says bond king Bill Gross
Canberra Times / Posted 20 days ago
since he took over in October 2014 after leaving Pacific Investment Management Co. Gross also oversees the $US334 million Old Mutual Total Return USD Bond Fund, an Ireland-based fund that was up about 6.7 per cent this year after fees, compared... Read more
14 related stories
20d
Brisbane Times
'I don't like bonds, most stocks,' says bond king Bill Grosssince he took over in October 2014 after leaving Pacific Investment Management
'I don't like bonds, most stocks,' says bond king Bill Gross
Brisbane Times / Posted 20 days ago
since he took over in October 2014 after leaving Pacific Investment Management Co. Gross also oversees the $US334 million Old Mutual Total Return USD Bond Fund, an Ireland-based fund that was up about 6.7 per cent this year after fees, compared... Read more
14 related stories
20d
The Age
'I don't like bonds, most stocks,' says bond king Bill Grosssince he took over in October 2014 after leaving Pacific Investment Management
'I don't like bonds, most stocks,' says bond king Bill Gross
The Age / Posted 20 days ago
since he took over in October 2014 after leaving Pacific Investment Management Co. Gross also oversees the $US334 million Old Mutual Total Return USD Bond Fund, an Ireland-based fund that was up about 6.7 per cent this year after fees, compared... Read more
14 related stories
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