Our History

Old Mutual Global Index Trackers' History
Date Information
2009 Old Mutual Global Index Trackers (OMGxT) expands internationally, opening an office in Boston, USA.

UCITS regulated fund launched in Ireland, and managed/separate account capabilities are established.
2006 Old Mutual acquires a controlling stake in OMGxT.
2001 Old Mutual acquires a share in OMGxT from One Stone Capital.
2000 Registration and founding of asset management house, now called Old Mutual Global Index Tracker (OMGxT) by a team of entrepreneurs. The business originally traded under the Umbono Fund Managers brand.
Old Mutual's History
Date Information
2010 Old Mutual celebrates 165 years of providing savings, investment and protection solutions for our customers
2009 Paul Hanratty is appointed Chief Executive Officer, Long-Term Savings, Old Mutual plc and Chairman of Old Mutual South Africa

Kuseni Dlamini is appointed Chief Executive of Old Mutual South Africa
2008 Julian Roberts becomes Chief Executive of Old Mutual plc
2007 Skandia announces the launch of Skandia Investment Group, a new global investment management function

Old Mutual Asset Management (US) acquires Ashfield Capital Partners

Old Mutual Asset Managers (South Africa) restructured into a multi-boutique model under the renamed Old Mutual Investment Group (South Africa)
2006 Old Mutual acquires Skandia

Old Mutual Asset Management (US) acquires Copper Rock Capital Partners
2001 Old Mutual acquires Fidelity & Guaranty Life

Old Mutual South Africa purchases its first stake in Umbono Fund Managers, now called Old Mutual Global Index Trackers
2000 Old Mutual acquires United Asset Management Corporation in the US

Old Mutual enters into a joint venture in life assurance in India with Kotak Mahindra Finance Ltd
1999 Old Mutual is demutualised and lists on the London, Johannesburg, Zimbabwe, Malawi and Namibia stock exchanges. Listing price is 120p (R11.25), giving the company a market capital of £3.9bn (R36.8bn)
1995 Old Mutual Investment Advisers is established in Boston, USA.

Old Mutual opens offices in Hong Kong and Guernsey
1986 Old Mutual makes its first entry into the UK market with the acquisition of Providence Capital
1855 Skandia is founded in Sweden as an insurance company selling life and fire insurance
1845 The Mutual Life Assurance Society of the Cape of Good Hope is founded by Scotsman John Fairbairn, with no initial capital other than the premiums of its first 166 policyholders
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Old Mutual Life Assurance Company (South Africa) Limited is a Licensed Financial Services Provider

Physical Address: Mutualpark, Jan Smuts Drive, Pinelands, 7405, South Africa

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