Old Mutual benefits from buoyant markets and higher rates
The group is looking to expand its sources of income by launching a digitally enabled mass-market lender capable of taking on Capitec
13 September 2023 - 16:16
Old Mutual expects its interim adjusted headline earnings to rise by as much as 33%, boosted by buoyant equity markets and a higher interest-rate environment.
Favourable markets boosted investment fees Old Mutual earned on assets it manages on behalf of its clients. ..
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