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OLD MUTUAL PLC - Old Mutual plc Announces a Change to the Reporting Line for Rogge Global Partners

Release Date: 30/06/2014 12:58
Code(s): OML     PDF:  
Wrap Text
Old Mutual plc Announces a Change to the Reporting Line for Rogge Global Partners

   OLD MUTUAL PLC
   ISIN CODE: GB00B77J0862
   JSE SHARE CODE: OML
   NSX SHARE CODE: OLM
   ISSURE CODE: OLOML
   Old Mutual plc

   Ref 103/14
   30 June 2014

   OLD MUTUAL PLC ANNOUNCES A CHANGE TO THE REPORTING LINE FOR ROGGE
   GLOBAL PARTNERS

   Old Mutual plc (“Old Mutual” or “the Group”) today announces that line management of Rogge Global
   Partners, one of its fixed income asset management affiliates which is based in the UK, will report
   directly to the Group. Previously, Rogge reported to the Group’s US Asset Management business
   Old Mutual Asset Management, based in Boston.
   
   This transition has no impact on the firm’s investment process or its client service and no impact on
   the day-to-day management of the firm.

   Ends

   Enquiries:
   Investor Relations
   Patrick Bowes                       UK       +44 20 7002 7440
   Dominic Lagan                       UK       +44 20 7002 7190

   Media
   William Baldwin-Charles                      +44 20 7002 7133
                                                +44 7834 524833
   Notes to Editors
   
   Old Mutual provides investment, savings, insurance and banking services to more than 16 million customers in
   Africa, the Americas, Asia and Europe. Originating in South Africa in 1845, Old Mutual has been listed on the
   London and Johannesburg Stock Exchanges, among others, since 1999.
   
   In the year ended 31 December 2013, the Group reported adjusted operating profit before tax of £1.6 billion (on
   an IFRS basis) and had £294 billion of funds under management from core operations.
  
   For further information on Old Mutual plc, please visit the corporate website at www.oldmutual.com

   Lead sponsor:
   Merrill Lynch South Africa (Pty) Ltd

   Joint sponsor:
   Nedbank Capital

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