Gross sales stood at £31.8bn, up 25% at CER (up 21% as reported) and AOP increased by 11% to £1.6bn (+4% as reported). Old Mutual Emerging Markets (OMEM) figures were positive, but quite negatively impacted by FX movements. Gross sales rose by 17% to R215bn (£11bn, +7% yoy). In South Africa, gross sales surged by 21% to R162bn due to excellent asset management flows in OMIG (best NCCF performance in the past 12 years at R7.3bn), unit trust flows in Retail Affluent and two la
11 Mar 2016
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Old Mutual Ltd. (OMU:LON) | 43.4 0.1 0.7% | Mkt Cap: 2,078m
- Published:
11 Mar 2016 -
Author:
Bassem Neifer -
Pages:
3
Gross sales stood at £31.8bn, up 25% at CER (up 21% as reported) and AOP increased by 11% to £1.6bn (+4% as reported). Old Mutual Emerging Markets (OMEM) figures were positive, but quite negatively impacted by FX movements. Gross sales rose by 17% to R215bn (£11bn, +7% yoy). In South Africa, gross sales surged by 21% to R162bn due to excellent asset management flows in OMIG (best NCCF performance in the past 12 years at R7.3bn), unit trust flows in Retail Affluent and two la