Old Mutual plc
Company Information

Old Mutual plc Company Profile

The name belies its demutualized status: Financial services group Old Mutual provides banking, insurance, and asset management services in more than 30 nations in southern Africa, Europe, Asia, and the Americas. Old Mutual owns a majority stake of South Africa's Nedbank Group, which provides commercial banking, finance, investment banking, and other services. It also owns Old Mutual (US) Holdings, also known as Old Mutual Asset Management (US), or OMAM (US). Skandia Insurance offers insurance products and mutual funds, primarily in the UK and Sweden. Old Mutual has some £309 billion (some $487 billion) in funds under management.