Old Mutual Limited (OMU.L)
Old Mutual Limited operates in the Insurance - Life industry of the Financial Services sector, headquartered in Cape Town, WC, ZA. The stock last traded at $58.00, down 0.68% on the session, giving a market capitalisation of $2.34B. Its beta of 0.59 implies it has historically moved less than the broad market.
Old Mutual Limited operates as a diversified financial services group, primarily conducting its business across South Africa and the wider African continent through its various subsidiaries. The company structures its operations into several key divisions: the Mass and Foundation Cluster, Personal Finance and Wealth Management, Old Mutual Investments, Old Mutual Corporate, Old Mutual Insure, and a dedicated Rest of Africa segment. Its comprehensive offerings include risk mitigation products such as group risk and funeral coverage, long-term savings vehicles, and lending solutions like micro-lending, alongside transactional services. Old Mutual further provides financial guidance, a range of investment and income-generating products, and specialized asset management expertise. Additionally, it offers tailored investments, annuities, and consulting services to employee-sponsored retirement and benefit funds, in addition to health, property, and casualty insurance. The company serves a broad clientele, encompassing low-income and lower-middle-income individuals, high-income earners, high-net-worth individuals, and institutional employee retirement funds. Established in 1845, Old Mutual Limited is headquartered in Cape Town, South Africa.
Old Mutual Limited is most often compared with the following Financial Services names: