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Press Releases

  • Demand for independent schools growing amongst lower income groups

    4/16/2014 12:00:00 AM

    South Africa has seen a surge in the growth of independent schools enrolment since 2007. This trend, typically seen among the more upper-income groups in the past, is now expanding to include lower-income groups in pursuit of affordable, quality schools. This is according to Old Mutual following the launch of two new schools this week in inner city Pretoria run by the Royals Management Company and co-funded by Old Mutual and the Government Employees' Pension Fund (GEPF) through the its asset manager PIC and Old Mutual.

  • Growing capacity essential to deliver solid infrastructure plan

    4/15/2014 12:00:00 AM

    The National Development Plan (NDP) is an effective plan and its fixed investment target of 30% by 2030 is an ambitious one. However, it will be challenging to meet this target, and it is vital to build capacity to effect the investment roll-out, according to Old Mutual Investment Group’s Senior Economist, Johann Els, and Head of Infrastructure, Jurie Swart, presenting at its Q2 Media Briefing.

  • Enjoy your break – with peace of mind

    3/31/2014 12:00:00 AM

    It is almost one of our favourite times of the year – the Easter holidays – a time when many of us pack up our cars and head for a laidback destination for a well-deserved break.

  • Decrease costs, increase financial security

    3/19/2014 12:00:00 AM

    Yet another fuel-price hike, rising interest-rates and steadily increasing living costs are squeezing consumers. But Anele Mbuya, senior marketing actuary at Old Mutual says ignoring the ever rising costs can carry long-term risks for breadwinners and their families.

  • Old Mutual welcomes National Treasury proposals

    3/19/2014 12:00:00 AM

    Old Mutual has welcomed the proposals contained in the “2014 Budget update on retirement reforms” released by National Treasury late last week, particularly those relating to default preservation and default annuities.

  • Old Mutual Smoothed Funds declare highest bonus in six years

    3/13/2014 12:00:00 AM

    Old Mutual’s range of smooth bonus funds has continued to deliver, despite the harsh economic climate that faced South Africans in 2013 – declaring the highest bonus figures since 2007.

  • Wage a smart war on youth unemployment

    3/11/2014 1:50:21 PM

    SA has far more unemployed young people than many of our economic peers, but there are remedies, writes Mokaedi Dilotsotlhe, General Manager: Marketing and Communications.

  • High dividend yielding stocks offer return prospects in low return environment

    3/11/2014 12:00:00 AM

    With the South African economy currently under pressure, the future of local equity returns looks uncertain and attractively priced opportunities are proving harder to come by. South African long-term equity returns are subsequently expected to be much lower than those seen previously, however high dividend yielding stocks offer better investment opportunities. This is according to Feroz Basa, a Portfolio Manager at Old Mutual Investment Group’s Electus boutique, who says that dividend yielding stocks deliver a significant portion of total return, particularly in a low return environment such as the one we are currently seeing.

  • What would you do with a lump sum payout?

    3/10/2014 1:40:54 PM

    Many South Africans reckon that all their financial troubles would be over if they could just get their hands on a lump sum of money. The thought of such a payout makes us all daydream about getting out of debt, buying new cars and travelling to luxurious places fringed by palm trees.

  • Common vision drives R97m investment in new schools

    3/6/2014 9:03:53 AM

    Old Mutual Investment Group and its investments partners today announced a R97 million deal to fund the development and operations of two new low-fee independent schools with the first being developed in Soshanguve and open in January 2015.  The deal is the fourth of its kind for the Schools Investment Fund, an initiative established by the Public Investment Corporation (PIC), the Government Employees Pension Fund (GEPF) and Old Mutual, and will ultimately accommodate a combined 3 310 learners a year.

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