Old Mutual (OMU) Price & Analysis

Old Mutual Limited, a venerable financial services conglomerate based in Cape Town, South Africa, has been serving clients since its establishment in 1845. The company's core operations are concentrated across South Africa and the broader African continent. It structures its extensive offerings through several key divisions: the Mass and Foundation Cluster, Personal Finance and Wealth Management, Old Mutual Investments, Old Mutual Corporate, Old Mutual Insure, and its dedicated Rest of Africa segment. Old Mutual provides a comprehensive array of financial products and services. These include vital protection solutions like group life and funeral insurance, along with various long-term savings options. The firm also extends lending facilities, particularly micro-lending, and offers day-to-day transactional products. Furthermore, it delivers financial advice, investment opportunities, income-generating products, and specialized asset management services. For institutional clients, the company manages investments, provides annuity solutions, and offers consulting services for employee retirement and benefit funds. Its insurance portfolio is rounded out with health, property, and casualty coverage. Old Mutual caters to a remarkably diverse clientele, ranging from low- and lower-middle income individuals to affluent and high-net-worth clients, as well as significant employee-sponsored retirement and benefit funds.