Skandia UK Showcase presentat

RNS Number : 4052S

Old Mutual PLC

18 May 2009

 



Ref 39/09

18 May 2009

Skandia UK Showcase presentation and Skandia UK Q1 2009 performance

As previously announced, Old Mutual will be hosting presentations to the media and the investment communities this week.

Skandia UK also announced today that, according to the Q1 2009 Lipper FMI sales report, it has further increased its share of the long-term savings platform market by attracting the largest proportion of gross sales out of the top four largest platforms in the first quarter of the year. Skandia achieved a 36% share of gross sales on the top four platforms, extending its overall market share by assets under management to 40%. Skandia's first quarter gross platform sales were £1.3 billion and platform assets under management amounted to £24 billion. The full press release has been posted to the Skandia UK website www.skandia.co.uk. 

An updated presentation will be posted to the corporate website www.oldmutual.com today. Transcripts of the presentations and a recording of the Q&A will be posted to the website in due course.

For further information on Old Mutual plc, please visit the corporate website at www.oldmutual.com 

Enquiries

Investor Relations
Patrick Bowes	UK	[phone]
Aleida White	UK	[phone]
Deward Serfontein	SA	[phone]
Media
Matthew Gregorowski	UK / SA	[phone]
		[phone]
Mike Smith (Finsbury)	UK	[phone]

Notes to Editors

Old Mutual

Old Mutual plc is a leading international long-term savings Group.  Originating in South Africa in 1845, the Group provides life assurance, asset management, banking and general insurance in over 40 countries in Europe, the Americas, Africa and Asia.  Old Mutual plc is listed on the London Stock Exchange and the JSE, among others.

In the year ended 31 December 2008, the Group reported adjusted operating profit of £1.0 billion (on an IFRS basis) and had £265 billion of funds under management at the year end. The Group has approximately 57,000 employees.

 

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