Socially Responsible Investing

Old Mutual (SA) and Old Mutual Investment Group (SA) (OMIGSA) consider Socially Responsible Investments (SRI) to be a very important component of their broader commitment to national economic transformation. We define socially responsible investments as those that provide investors with both commercial returns and tangible positive social and developmental impacts.

Our investment experts at OMIGSA have developed a wide array of SRI offerings that have built up strong track records in terms of performance and impact. These funds are managed by several of OMIGSA’s specialist boutiques, each with its own unique investment philosophy and focus. Community Growth Management Company (Comanco), which is a jointly owned company between Unity Incorporation (representing a group of eight trade unions) and OMIGSA, is another initiative that has contributed to our SRI track record. This means investors are able to choose from many different funds investing in almost every asset class, each making its own positive impact on South Africa’s social and economic landscape.

What is OMIGSA doing about it?

With 15 independent specialist boutiques and capabilities, OMIGSA has numerous experienced SRI fund managers managing the assets of both Old Mutual Life Assurance Company (SA) (OMLACSA) and third-party investors. Across all of our boutiques we manage well over R12bn in SRI assets, spanning listed equities, private equity, infrastructure, fixed income and commercial and residential property. These assets are being used to finance transformation and development projects across all nine provinces.

Investors have access to these assets through several different funds, of which our Community Growth Funds, the IDEAS Managed Fund and the Futuregrowth Infrastructure & Development Bond Fund are the largest.

Economic Transformation focus areas

As a subsidiary of Old Mutual (SA), we at OMIGSA share our parent’s national economic transformation strategy, which is in support of Government’s Accelerated and Shared Growth Initiative of South Africa (ASGISA). This strategy is underpinned by four pillars: infrastructure and property development; enterprise development through job creation; education and skills capacity building.

To find out more about our SRI capabilities, download our SRI Capabilities brochure.