Press Releases

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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Leadership changes at Old Mutual Wealth - South Africa

24 Jun 2016
Old Mutual today announced the resignation of Andrew Bradley, Chief Executive Officer of Old Mutual Wealth (South Africa), and Jürgen Scherzinger, Operations Executive of Old Mutual Wealth, effective 31 July 2016.
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Multiple investment management strategies – What is best?

23 Jun 2016
Low gross domestic product growth, an unpredictable currency and rising political tensions have all contributed to a particularly uncertain economic outlook for South Africa, exacerbating an already tough investment landscape. 
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Brexit an important - but local - event

22 Jun 2016
While the polls predicting the outcome of the Brexit vote have dictated investor sentiment and the direction of financial markets over the past couple of weeks, in reality the vote does not spell immediate changes in economic fundamentals for the UK, says Old Mutual Investment Group: MacroSolutions portfolio manager John Orford.
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Confirmation of successful ballot: Old Mutual Enhanced Income into Old Mutual Real Income Fund

17 Jun 2016
Investors and the Financial Services Board’s Registrar of Collective Investment Schemes approved the amalgamation of the Old Mutual Enhanced Income Fund into the Old Mutual Real Income Fund. The continuing fund will be the Old Mutual Real Income Fund.
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Financial security critical to youth development in SA

10 Jun 2016
Promoting the development of young South Africans is a futile exercise if the process does not include supporting their financial security. 
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S&P downgrade reprieve gives SA Government, business and labour a window to make progress

4 Jun 2016
The announcement by Standard & Poor’s Global Ratings (S&P) that it has maintained South Africa’s investment grade sovereign credit rating at BBB, the lowest investment grade rating that a country can be assigned, was a welcome reprieve for the country and gives government, business and labour a window to collaborate in finding common ground to rebuild confidence in, as well as improve prospects for, the South African economy. 
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Proof of vintage quality catapults wine industry prospects

31 May 2016
There were celebrations and good cheer aplenty with the release of the 2016 Old Mutual Trophy Wine Show results. Gold medal counts were significantly higher than in 2015, with a better spread across a number of classes.
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Limit the impact of rising costs on your finances

31 May 2016
Many South African consumers might be forgiven for feeling a little punch-drunk at ongoing increases of living costs. While many of these costs are out of our control, there are steps you can take to limit their impact on your wallet.
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Old Mutual salutes the SA champions and gutsy heroes of the 2016 Comrades Marathon

30 May 2016
With a new men’s record on the board and top places dominated by elite South African athletes, this year’s Comrades Marathon was an unforgettable event, says Old Mutual.
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