Tag: Old Mutual

Old Mutual to sell minority stake in OM Asset Management

As part of Old Mutual’s plans to unlock value for shareholders, the Anglo-South African financial services firm, has agreed to sell a 24.95% shareholding in OM Asset Management to HNA Capital US in a two-step transaction for approximately $446 million.

Old Mutual break-up on track for 2018 despite UK tech issues: CEO

Old Mutual is on track to complete its break-up into four parts by the end of 2018, although improvements to IT systems at its UK asset management unit could take…

S.A economy poised for growth

Most economists expect South Africa’s economy to pick this year. Thanks to a much improved global environment and some stabilisation to commodity prices.

Navigating volatile markets

2017 should see improved economic growth both locally and offshore. And this will support corporate earnings and other asset classes. But heightened market volatility is expected to continue.

Brazil, Russia best performing bourses in 2016

The stock exchanges of Brazil and Russia were the best performers in 2016.

Old Mutual once again scoops top Raging Bull award

Old Mutual was again awarded the top performing Global Equity Fund at the 2017 Raging Bull Awards. Joining CNBC Africa is the man behind the fund – Ian Heslop, Fund…

Kenya’s domestic travel grows past tourism Board targets

Kenya’s domestic travel grew by 14.6 per cent surpassing an earlier projection of 3 per cent by the Kenya Tourism Board. Elsewhere, Nairobi listed Sasini will sell its 60 per…