Old Mutual – Hot or Not

Old Mutual was founded in 1845 in Cape Town, and is a global long-term savings, insurance and investment Group. It is in the process of a major reorganisation under new CEO Bruce Hemphill. It has a market cap of R166 billion, a price to earnings ratio of 20.52 and a dividend yield of 3.04 per cent. Guest Lance Williams from iCapital and resident expert Bryon Lotter from Vestact decide whether Old Mutual is hot or not.