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Highlights of the year


  • Skandia acquisition completed in February 2006, with synergy targets on track

  • Group funds under management rose to £239 billion

  • Continued recovery at Nedbank

  • Multi-boutique strategy announced for Old Mutual Asset Managers in South Africa

  • US businesses grew their assets and earnings

Who we are

Old Mutual is an international financial services group focusing on asset gathering and asset management. We are the largest financial services group in South Africa and have life and asset management operations in the USA, life operations in the UK, Europe, Latin America, India and China. a banking operation in the Nordic region and growing asset management operations in the UK.

Our vision

To be a premier international savings and wealth management business.

Our proposition

The strength of diversity, the power of focus From our roots in South Africa, we have built an international business. With our acquisition of Skandia, we now have the people, scale and geographic diversity to establish our presence on the world stage. Focus is about clarity. At Old Mutual we are clear about our future. We are growing from leadership positions, we are committed to innovation in our products and services, and we have a sustainable business that promises to deliver value year on year.