OML.L - Old Mutual plc

LSE - LSE Delayed price. Currency in GBp
233.70
+3.90 (+1.70%)
At close: 4:42PM GMT
Stock chart is not supported by your current browser
Previous close229.80
Open230.40
Bid190.40 x 106000
Ask237.00 x 500000
Day's range229.80 - 234.40
52-week range184.20 - 234.40
Volume9,459,977
Avg. volume9,685,894
Market cap10.802B
BetaN/A
PE ratio (TTM)13.99
EPS (TTM)16.70
Earnings date5 Mar 2018 - 9 Mar 2018
Forward dividend & yieldN/A (N/A)
Ex-dividend dateN/A
1y target est215.43
  • 2 high-growth dividend shares you might regret not holding
    Fool.co.uk27 days ago

    2 high-growth dividend shares you might regret not holding

    These two income stocks could be top performers in the long run.

  • Why I’d buy Legal & General plc and Old Mutual plc ASAP!
    Fool.co.uk28 days ago

    Why I’d buy Legal & General plc and Old Mutual plc ASAP!

    Insurance firms like Legal & General plc (LON: LGEN) and Old Mutual plc (LON: OML) could be set for a re-rating in 2018.

  • Old Mutual clears first hurdle in four-way break-up
    Sky News28 days ago

    Old Mutual clears first hurdle in four-way break-up

    Whoever heard of a chief executive making himself redundant? Old Mutual has now confirmed that, as Sky News reported last week , it is selling a chunk of its UK wealth management arm - which is led by star City investor Richard Buxton - to the private equity firm TA Associates for £600m. South Africa's largest life company, dating back to 1845, it had - as the name suggests - been a mutual company but decided to shed that status in an attempt to expand and become more commercial.

  • Reuters28 days ago

    Old Mutual sells Buxton UK funds business for $800 million

    Old Mutual (OML.L) is selling part of its UK asset management business, run by veteran investor Richard Buxton, to private equity firm TA Associates for 600 million pounds, as it heads towards a break-up of the group. The Anglo-South African financial services group said in a statement on Tuesday that Old Mutual Wealth had agreed the sale of its single-strategy asset management business - where each fund focuses on one type of asset rather than a mix. The sale comes ahead of a listing of the rest of Old Mutual Wealth next year.

  • Reuters - UK Focus28 days ago

    Old Mutual sells Buxton UK funds business for $800 mln

    LONDON, Dec (Shanghai: 600875.SS - news) 19 (Reuters) - Old Mutual (Other OTC: ODMUF - news) is selling part of its UK asset management business, run by veteran investor Richard Buxton, to private equity firm TA Associates for 600 million pounds ($803 million), as it heads towards a break-up of the group. The Anglo-South African financial services group said in a statement on Tuesday that Old Mutual Wealth had agreed the sale of its single-strategy asset management business - where each fund focuses on one type of asset rather than a mix.

  • Buxton close to sealing £550m TA-backed Old Mutual buyout
    Sky Newslast month

    Buxton close to sealing £550m TA-backed Old Mutual buyout

    One of the City's most prominent investors is close to clinching a £550m buyout of his business with the backing of a former owner of Jupiter‎ Asset Management. Sky News has learnt that Richard Buxton, the chief executive of Old Mutual Global Investors (OMGI), is on the brink of a deal ‎to buy a £25bn chunk of the company. If completed, the deal would follow an intense bidding war which in‎ recent weeks has included serious interest from Macquarie, the Australian financial services group.

  • Reuterslast month

    Old Mutual Global Investors chief near buyout deal backed by TA Associates - source

    The buyout, which will be announced as soon as Friday or more likely next week, will be backed by private equity firm TA Associates, according to the person. A source told Reuters earlier in September that Buxton was eager to strike off on his own and had been in talks with private equity firm TA Associates about a possible management buyout of OMGI.

  • Reuters - UK Focuslast month

    Old Mutual Global Investors chief near buyout deal backed by TA Associates -source

    Dec (Shanghai: 600875.SS - news) 15 (Reuters) - The chief of Old Mutual Global Investors (OMGI) Richard Buxton is nearing a 550 million pound buyout of the company, according to a person familiar with the matter. The buyout, which will be announced as soon as Friday or more likely next week, will be backed by private equity firm TA Associates, according to the person. A source told Reuters earlier in September that Buxton was eager to strike off on his own and had been in talks with private equity firm TA Associates about a possible management buyout of OMGI.

  • One FTSE 100 4% yielder I’d sell to buy Tui AG
    Fool.co.uklast month

    One FTSE 100 4% yielder I’d sell to buy Tui AG

    Here's why I think Tui AG (LON: TUI) is one of the most attractive stocks in the FTSE 100 (INDEXFTSE: UKX).

  • 2 low P/E stocks I’d buy and hold for the next 10 years
    Fool.co.uklast month

    2 low P/E stocks I’d buy and hold for the next 10 years

    These two value stocks both have forward P/Es of less than 10.

  • Reuterslast month

    Old Mutual unit picks banks for $3.35 billion flotation - sources

    Anglo-South African financial services firm Old Mutual (OML.L)'s UK wealth unit has chosen Goldman Sachs (GS.N), JP Morgan (JPM.N) and Bank of America Merrill Lynch (BAC.N) to lead its initial public offering (IPO) next year, banking and advisory sources said. The Old Mutual Wealth flotation is one of several legs in the process of splitting parent Old Mutual into four parts. Before the listing, Old Mutual Wealth plans to sell its single-strategy asset management division, Old Mutual Global Investors (OMGI), led by veteran investor Richard Buxton.

  • Reuters - UK Focus2 months ago

    BUZZ-VIEW FROM THE BUYSIDE-HSBC: Hibor a potential boost - OMGI

    ** Old Mutual Global Investors' Ed Meier highlights that rising Hibor would be beneficial to HSBC's Net Interest Margin, given the bank's strong presence in Asia ** Hibor has become dislocated from US ...

  • Reuters - UK Focus2 months ago

    BUZZ-OM Asset Management Plc: Shares dip as Old Mutual exits

    ** OM Asset Management shares down ~3 pct in light volume premarket as Old Mutual Plc heads to the exits ** Secondary offering of 6.03 mln shares announced after the bell on Tues ** Morgan Stanley bought ...

  • Reuters2 months ago

    Old Mutual wealth unit IPO on track for 2018; no decision on OMGI

    Anglo-South African insurer Old Mutual (OML.L) said on Wednesday it was on course to list its wealth unit in 2018 and announced a series of planned changes to the brand. Once the separation from Old Mutual is complete, the wealth management company will become Quilter Plc, it said in a statement, returning to a brand that dates back to 1771. Old Mutual acquired investment manager Quilter Cheviot in 2015.

  • Reuters - UK Focus2 months ago

    Old Mutual wealth unit IPO on track for 2018; no decision on OMGI

    Anglo-South African insurer Old Mutual (Taiwan OTC: 6407.TWO - news) said on Wednesday it was on course to list its wealth unit in 2018 and announced a series of planned changes to the brand. Once the separation from Old Mutual (Other OTC: ODMUF - news) is complete, the wealth management company will become Quilter Plc, it said in a statement, returning to a brand that dates back to 1771. Old Mutual acquired investment manager Quilter Cheviot in 2015.

  • Reuters - UK Focus2 months ago

    Old Mutual to retain 20 percent of South Africa's Nedbank after split

    Anglo-South African financial services group Old Mutual (Other OTC: ODMUF - news) said on Wednesday it will retain a 19.9 percent strategic minority shareholding in Nedbank after the parent company's planned split. Old Mutual, whose primary share listing is on the London Stock Exchange, said in 2016 it planned to break itself up into four parts as it says regulatory changes make the company too complex to run in its current form. Old Mutual plc said in May that a new South African holding company, Old Mutual Limited (OML), would hold the shareholding in Nedbank Group after the separation.

  • Aussies in £550m bidding war for star City fund manager Buxton
    Sky News3 months ago

    Aussies in £550m bidding war for star City fund manager Buxton

    Two Australian financial services giants are engaged in a £550m takeover battle for the fund management business headed by Richard Buxton, one of the City's best-known investors. Sky News has learnt that Challenger and Macquarie Investment Management are among a "small handful" of bidders for a £25bn division of Old Mutual Global Investors (OMGI). The bidding war, which has intensified in recent weeks, has pitted the Australian groups against TA Associates, a buyout firm which counts Jupiter Asset Management among its former investments.

  • Reuters - UK Focus3 months ago

    Scandal-hit KPMG South Africa vows reforms, loses another client

    CAPE TOWN, Oct (Shenzhen: 000069.SZ - news) 5 (Reuters) - South African waste management company Interwaste fired KPMG as its auditor on Thursday, dealing another blow to the accounting firm ensnared in a scandal involving business friends of President Jacob Zuma. Interwaste joins at least seven other clients including fund manager Sygnia and broker Sasfin to break ties with KPMG. It comes after KPMG's own investigation found flaws in work it did for the national tax agency and the Gupta family, accused of using links with Zuma to win government contracts.

  • Reuters - UK Focus4 months ago

    Old Mutual sets deadline for bids for Buxton funds business -sources

    Suitors for Old Mutual (Other OTC: ODMUF - news) 's asset management arm run by veteran British investor Richard Buxton have until Sept. 29 to submit tentative bids for the business, sources familiar with the matter told Reuters. Goldman Sachs (NYSE: GS-PB - news) , which is running the sale of the unit, has given bidders less than three weeks to submit indicative offers as confidential material was only dispatched on Sept. 13, three sources said. Prospective suitors for the business, which is called Old Mutual Global Investors (OMGI) and sits within Old Mutual Wealth, include private equity funds TA Associates and Hellman & Friedman, according to one of the sources, who added that a host of buyout firms had been invited to run the rule over the unit.

  • Former Gartmore owner approached about Old Mutual funds deal
    Sky News4 months ago

    Former Gartmore owner approached about Old Mutual funds deal

    A former investor in Gartmore, the asset manager, has been approached about backing a buyout of Old Mutual (Other OTC: ODMUF - news) 's £25bn fund management arm. Sky News has learnt that Hellman & Friedman, a US-based private equity firm, is among a number of parties being sounded out by Old Mutual as it tries to drum up a bumper auction of the business. A potential deal would see Richard Buxton, the star fund manager who runs Old Mutual Global Investors (OMGI), leading a buyout of the division's single-strategy operations.

  • Reuters - UK Focus4 months ago

    Old Mutual Wealth splits funds unit into two

    The wealth management business of Anglo-South African insurer and financial services group Old Mutual (Taiwan OTC: 6407.TWO - news) has split its fund management business into two and is also considering a spin-off of one of the units, led by veteran British fund manager Richard Buxton. Old Mutual (Other OTC: ODMUF - news) is already in the process of an ambitious break-up that will see it split into four separate companies, of which Old Mutual Wealth will be one. Old Mutual Global Investors, which is currently led by Buxton, will focus on the single-strategy business while Paul Simpson has been appointed chief executive of the multi-asset arm, which has 16 billion pounds ($21 billion) of assets under management.

  • Star City fund manager Buxton to lead £25bn Old Mutual buyout
    Sky News4 months ago

    Star City fund manager Buxton to lead £25bn Old Mutual buyout

    One of the City's leading fund managers is plotting a deal to buy out the £25bn asset management arm of Old Mutual (Other OTC: ODMUF - news) , the Anglo-South African financial services group. Sky News can exclusively reveal that Richard Buxton, the former Schroders (Frankfurt: 929969 - news) star who joined Old Mutual Global Investors (OMGI) four years ago, is talking to private equity firms about a takeover of its third-party fund management business. Mr Buxton, who is one of the City's most prominent figures, is said to have been approached by investors including TA Associates, a former backer of Jupiter Asset Management.

  • Reuters - UK Focus5 months ago

    Old Mutual to list not sell businesses next year in break-up

    Anglo-South African financial services group Old Mutual (Other OTC: ODMUF - news) aims to list two divisions rather than sell them as it pursues a plan to split into four parts by the end of next year. Old Mutual, which said last year it is breaking up because regulatory change made its disparate businesses too complex to run, posted a 37 percent rise in first-half operating profit on Friday to 969 million pounds ($1.26 billion), helped by sterling weakness and strong performance in Old Mutual Wealth. After starting life as an insurance company in Cape Town in 1845, Old Mutual has branched out into other parts of Africa, Britain and the United States, and into banking and funds.

By using Yahoo you agree that Yahoo and partners may use Cookies for personalisation and other purposes