Press Releases

The shift to umbrella funds – is it the right option for your company?

24 Aug 2016
Given the increasingly complex retirement fund landscape and ever-expanding regulatory requirements, implementing a scheme for employees to save for retirement may seem like a daunting prospect for a business.
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Leadership changes at Old Mutual Emerging Markets

8 Aug 2016
Old Mutual Emerging Markets (OMEM) today announced the following leadership changes within its business.
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Stirring performances at the Old Mutual National Choir Festival regional championships

8 Aug 2016
In what was dubbed the battle of the choral titans, Sound of the Nation and African Sweet Melodies walked away victorious at the Gauteng Regional Championships of the 2016 Old Mutual National Choir Festival this weekend.
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The grandest stages to host the 2016 Old Mutual National Choir Festival

2 Aug 2016
Southern Africa’s most loved choral music competition, the Old Mutual National Choir Festival, is set to lift choral music to new heights as the festival returns with two new hosts and spectacular new venues.
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The 2016 Soweto Marathon becomes a jewel in Old Mutual’s World of Endurance crown

21 Jul 2016
For the second year running, Old Mutual is throwing its full green force behind the Soweto Marathon to host another unforgettable race that attracts and inspires athletes from all over the world.
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Poor spending habits hamper consumers’ savings

18 Jul 2016
At least once in the last year, 57% of South Africans found that their income did not cover their living expenses. Recently released in the 2016 Old Mutual Savings and Investment Monitor, this statistic highlights that consumers are understandably struggling to stretch their household budgets, and that many South Africans are not being as financially astute with their spending as they could be.
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Is chasing performance hindering your investment success?

18 Jul 2016
Given that many investors are seeking to maximise returns, it’s not surprising that investors and financial planners often select funds solely on its previous performance. However, this is not the wisest approach to fund selection as past performance is not necessarily indicative of how the fund will perform in the future.
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SA economic growth depends on increased levels of household savings

5 Jul 2016
Nearly half (49%) of South African households are saving less than they were a year ago. This is one of the key findings of the latest Old Mutual Savings and Investment Monitor, which tracks the shifts in the financial attitudes and behaviour of South Africa’s working metropolitan population. This is the lowest savings level reported since the inaugural 2009 monitor, when households were recovering from the financial turmoil that took place in 2008.
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Survey shows increase in impact of debt on South African lifestyles

5 Jul 2016
South African households are increasingly cutting back on living expenses as they grapple with their stressful financial positions. This is one of the findings from the 2016 Old Mutual Savings & Investment Monitor, released today, which tracks the shifts in the financial attitudes and behaviour of South Africa’s working metropolitan population.
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Old Mutual Investment Group hires global equity industry heavyweights to extend its offshore investment offering

29 Jun 2016
Old Mutual Investment Group has unveiled plans to further strengthen its investment boutique capabilities by establishing a South African-based Global Equities team; hiring three members of Coronation’s Global Emerging Markets team to set up and manage the Global Equities capability.
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Brexit should not derail global economy

24 Jun 2016
After being a member for 43 years, the United Kingdom (UK) yesterday voted by 51.7% to 48.3% to leave the European Union (EU). Markets were roiled by the outcome. In the days leading up to the referendum, polls swung in favour of the Remain vote and equity markets rallied strongly, as did the pound sterling and emerging market currencies.
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Brexit roils markets, but should not derail global economy

24 Jun 2016
After being a member for 43 years, the United Kingdom (UK) yesterday voted by 51.7% to 48.3% to leave the European Union (EU). Markets were roiled by the outcome. In the days leading up to the referendum, polls swung in favour of the Remain vote and equity markets rallied strongly, as did the pound sterling and emerging market currencies.
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