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Old Mutual PLC (LON:OML)
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Old Mutual life sales drop 4%
MarketWatch  Nov 5  Comment 
U.K. insurer Old Mutual said Thursday that its life assurance sales in the third quarter dropped 4% to 326 million pounds ($540 million), while unit trust and mutual fund sales rose 47% to 1.7 billion pounds. The group said total funds under...
Providence ties up OML 113 shoot
Upstream Online  Oct 2  Comment 
AIM- and Dublin-listed Providence Resources has finished a 2D seismic survey across OML 113, which hosts the Aje field, off Nigeria.
MTN-Bharti Merger Veto May Signal Bigger Zuma Role
Bloomberg  Oct 2  Comment 
(Update1) South Africa’s decision to block a $23 billion merger between MTN Group Ltd. and India’s Bharti Airtel Ltd. may indicate President Jacob Zuma favors more state involvement in the economy to protect jobs and local industries.
Old Mutual May Pump as Much as $300 Million Into U.S. Life Unit
Bloomberg  Aug 14  Comment 
Old Mutual Plc may inject as much as $300 million into its U.S. life-insurance business at the beginning of next year to strengthen the unit.
Allied primes Oyo pumps
Upstream Online  Jul 20  Comment 
Nigeria-focused Allied Energy expects to start oil production from the first phase of development at its Oyo field in OML 120 licence in the fourth quarter.
Mugabe Stalls Talks Needed for a New Constitution
Bloomberg  Jul 13  Comment 
(Update5) President Robert Mugabe of Zimbabwe is delaying talks on a new constitution in a bid to scuttle the country’s coalition government and avoid elections in which he may not be allowed to compete, two members of his party’s...
Mugabe Stalls Government Talks Needed for New Constitution
Bloomberg  Jul 12  Comment 
President Robert Mugabe of Zimbabwe is delaying talks on a new constitution in a bid to scuttle the country’s coalition government and avoid elections in which he may not be allowed to compete, two members of his party’s decision-making body...
Old Mutual sees outflows on gov't fund shift
MarketWatch  May 7  Comment 
Anglo-South African insurer Old Mutual said it had net client outflows of 2.9 billion pounds ($4.4 billion) on an anticipated withdrawal from South Africa of government pension fund money, and long-term savings sales dropped 14% to 315 million...
J.P. Morgan downgrades Old Mutual to neutral
MarketWatch  May 5  Comment 
J.P. Morgan on Tuesday downgraded Anglo-South African insurer Old Mutual Plc to neutral from overweight, saying while it's still a very geared play on a U.S. recovery, the stock is no longer cheap. In a note to investors, J.P. Morgan said Old...
Powers Takes Over As CEO At SSgA
Index Universe  Apr 4  Comment 
After Hunt's departure earlier this year following subprime mess, SSgA lands fund industry veteran.   State Street Global Advisors named Scott Powers as its new chief executive and president on Friday, replacing James Phalen, who is...
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Old Mutual PLC (LON:OML) is a United Kingdom-based company offering a range of financial services in Europe, South Africa, the United States and Asia Pacific. The Company operates in Europe through Skandia. Skandia has operations in 20 countries and serves many other markets through its offshore solutions. Old Mutual South Africa (OMSA) financial services business comprises life and asset management operations. The retail business offers life, disability and health insurance, retirement annuities, savings and investment products. The corporate business sells investment, retirement, insurance and structured products, and advisory services to corporate, institutional and parastatal customers. The Company has asset management and life assurance businesses in the United States through a number of acquisitions. The Company has operations in India, China and Australia.

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