Old Mutual year-to-date managed funds, sales rise



Financial services group Old Mutual (OML.L), which has said it will split into its four main businesses, reported a jump in funds under management from the start of the year, driven by strong net flows and favourable market movements.
The Anglo-South African company said funds under management rose by 14 percent to 119 billion pounds, while third-quarter net client cash flows fell to 0.9 billion pounds from 2.3 billion pounds a year earlier.
Year-to-date net client cash flows stood at 4.1 billion pounds, compared with 4.6 billion pounds a year earlier, hurt by market weakness and continued... read more

 
11 October 2016 in Business, Views: 39
Source: Reuters
Share:
  •  





    News Widget for Webmasters



    Bring Eugene's son back home immediately

    Realtime News

     

    «
    »
    Mo Tu We Th Fr Sa Su
              1 2
    3 4 5 6 7 8 9
    10 11 12 13 14 15 16
    17 18 19 20 21 22 23
    24 25 26 27 28 29 30
    31