OMAM Announces Closing of Initial Public Offering
Business Wire - Wed Oct 15, 10:54AM CDT
OM Asset Management plc (OMAM) today announces the closing of the initial public offering of 22,000,000 of its ordinary shares at a price to the public of $14.00 per share. Shares of OMAM began trading on the New York Stock Exchange on October 9 under the ticker symbol "OMAM".
OMAM: 15.00 (+0.24)
OM Asset Management prices IPO of 22m ordinary shares at USD14.00 per share
M2 - Thu Oct 09, 5:30AM CDT
A multi-boutique asset management company, OM Asset Management plc disclosed today that the initial public offering (IPO) of its 22,000,000 ordinary shares were priced at USD14.00 per share, being offered by its parent company Old Mutual plc.
OMAM: 15.00 (+0.24)
OM Asset Management Announces Pricing of Initial Public Offering
Business Wire - Wed Oct 08, 9:25PM CDT
OM Asset Management plc today announces that the initial public offering of 22,000,000 of its ordinary shares has been priced at $14.00 per share. Shares of OM Asset Management are expected to begin trading on October 9 on the New York Stock Exchange under the ticker symbol "OMAM." The offering is expected to close on October 15.
OMAM: 15.00 (+0.24)
UK Life Insurance Market 2014 - Key Trends and Opportunities to 2018
M2 - Wed Jul 23, 6:56AM CDT
Research and Markets (http://www.researchandmarkets.com/research/8559kx/life_insurance_in) has announced the addition of the "Life Insurance in the UK, Key Trends and Opportunities to 2018" report to their offering. The life insurance segment in the UK accounted for 69.3% of the total industry's gross written premium in 2013 after posting a review-period (2009-2013) compound annual growth rate (CAGR) of 0.4%. The slower growth was associated with lower consumer confidence after the global financial and European debt crises, which led to a decline in the segment from 2008 until 2011. However, due to government actions and regulatory changes, the overall life segment increased at a CAGR of 4.0% during 2011-2013. Group life insurance recorded positive growth, although individual life insurance declined due to low levels of confidence in investments, increased regulatory scrutiny by the Financial Conduct Authority (FCA), and changes in pensions during the review period. Key Highlights - The life insurance segment in the UK accounted for 69.3% of the total industry's gross written premium in 2013. - The life insurance segment in the UK is very well developed, with a high penetration rate of 8.7% of GDP in 2013. - The introduction of the Retail Distribution Review (RDR) in December 2012, a government initiative designed to increase consumer trust and confidence in insurance products and services, is expected to drive future growth in the life segment. - Group life insurance recorded positive growth when compared to individual life insurance, due to the high volume of overseas business. - In 2014, the UK government announced changes in the pension regime, including giving workers more control over their pension funds after retirement. - The UK life segment is concentrated, with the top 10 companies accounting for 78.7% of the segment's gross written premium in 2012. Key Topics Covered: 1 Executive Summary 2 Introduction 3 Regional Market Dynamics 4 Life Insurance Segment - Regional Benchmarking 5 UK Insurance Industry Attractiveness 6 Life Insurance Outlook 7 Analysis by Distribution Channel 8 Porter's Five Forces Analysis - UK Life Insurance 9 Reinsurance Growth Dynamics and Challenges 10 Governance, Risk and Compliance 11 Competitive Landscape and Strategic Insights 12 Business Environment and Country Risk 13 Appendix Companies Mentioned - Aegon NV - Aviva Life Plc - Friends Life Group Plc - Legal & General Group Plc - Lloyds Banking Group Plc - Old Mutual Plc - Prudential Plc - Standard Life Plc - The Royal London Mutual Insurance Society Ltd - Zurich Insurance Co. (UK) Ltd For more information visit http://www.researchandmarkets.com/research/85...surance_in
PUK: 45.26 (+0.82), AEG: 8.03 (+0.17)
Is Africa the Final Frontier for Value Investors?
at The Street - Fri Mar 21, 5:42PM CDT
Most stocks in the frontier markets did well in 2013, but have sold off so far this year. Value investor Larry Seruma, of the Nile Pan-Africa Fund, remains optimistic, though.
Belle Sees Revenue from Agent Brands Drop
SinoCast - Tue Feb 25, 4:53AM CST
Chinese women's shoe retailer Belle International Holdings Ltd. (SEHK: 1880) saw revenue from agent footwear brands drop for the first time in 2013.
Choir Group in Langa Reduces Unemployment
by Nika Soon-Shiong - All Africa Global Media - Thu Feb 13, 8:03AM CST
Ezethu ("Ours"
Canadian Pacific announces record fourth-quarter and 2013 full-year financial results
PR Newswire - Wed Jan 29, 6:30AM CST
Canadian Pacific Railway Limited (TSX: CP) (NYSE: CP) today announced record Q4 and 2013 full-year results that clearly demonstrate the significant progress made to date in its corporate and operational turnaround.
CP.TO: 229.68 (+1.91), CP: 205.49 (+2.59)
Old Mutual Asset Management Names Richard Souri To Lead Marketing Efforts In The Middle East
PR Newswire - Thu Jan 23, 3:00AM CST
Old Mutual Asset Management (OMAM), the U.S.-based global asset management business of Old Mutual plc, announced today that Richard Souri has been named Senior Vice President and Head of Middle East Sales, and will lead the firm's marketing efforts in the Middle East.
VNDA: 12.03 (+0.99)
Life Insurance in the United Kingdom, Key Trends and Opportunities to 2017
M2 - Fri Aug 30, 8:56AM CDT
Research and Markets (http://www.researchandmarkets.com/research/4tczmq/life_insurance_in) has announced the addition of the "Life Insurance in the United Kingdom, Key Trends and Opportunities to 2017" report to their offering. Life insurance was the largest segment in the UK insurance industry in 2012, accounting for 70.4% of total industry premiums. It is also one of the largest life insurance segments in Europe in gross written premium terms. The impact of the financial crisis, and subsequent European debt crisis, during the review period (2008-2012) resulted in a decline in consumer confidence. This decline adversely affected the demand for long-term insurance products, resulting in an overall decline in the UK life segment. However, the segment is expected to record growth over the forecast period following various initiatives taken by the government and life insurers. Life insurance products are predominantly distributed through brokers, with this channel accounting for 66.2% of the segment's new business written premiums in 2012. The segment's value declined at a review-period CAGR of 3.9%, however, the segment is expected to record a forecast-period CAGR of 1.5%. Growth will be driven by improvements in the UK's economy, with IMF estimates expecting GDP to grow at a forecast-period CAGR of 2.2%. In addition, the expected implementation of Solvency II in January 2015 will result in stricter solvency and capital requirements, better risk management and higher profits. Key Topics Covered: 1 Executive Summary 2 Introduction 3 Regional Market Dynamics 4 Life Insurance Segment 5 The UK Insurance Industry Attractiveness 6 Life Insurance Outlook 7 Analysis by Distribution Channel 8 Porter's Five Forces Analysis - UK Life Insurance 9 Reinsurance Growth Dynamics and Challenges 10 Governance, Risk and Compliance 11 Competitive Landscape and Strategic Insights 12 Business Environment and Country Risk 13 Appendix Companies Mentioned - Aegon NV - Aviva Life Plc - Friends Life - Legal & General - Lloyds Banking Group - Old Mutual Plc - Prudential - Royal London Mutual - Standard Life Plc - Zurich Financial Services For more information visit http://www.researchandmarkets.com/research/4t...surance_in
AEG: 8.03 (+0.17)
Old Mutual Names William Tsotsos To Lead Institutional Sales Efforts In Canada
CNW Group - Tue Aug 20, 10:28AM CDT
-- Experienced marketing professional with strong relationships across Canada to expand capabilities in the Canadian institutional marketplace --
Interim dividend for the six months ended 30 June 2013 (no. 26)
M2 - Wed Aug 07, 4:40AM CDT
The Directors of Old Mutual plc (the "Company"
Old Mutual furthers African expansion with acquisition in Kenya
M2 - Wed Jul 03, 10:38AM CDT
Old Mutual plc ("Old Mutual" or "the Group"
Old Mutual furthers African expansion with acquisition in Ghana
M2 - Tue Jun 04, 6:52AM CDT
Old Mutual plc ('Old Mutual' or 'the Group'
LVMUY, MTNOY, ODMTY, SQQQ, SOXX, Removed From Naked Short Lists Today
M2 - Thu May 23, 8:59AM CDT
BUYINS.NET, www.buyins.net , announced today that these select companies have been Removed From the NASDAQ, AMEX, NYSE, OTCBB and Pinksheet naked short threshold lists. LVMH Moet Hennessy Louis Vuitton SA (OTC:LVMUY), MTN Group Ltd (OTC:MTNOY), Old Mutual PLC (OTC:ODMTY), ProShares Trust UltraPro Short QQQ ETF (NASDAQ:SQQQ), iShares PHLX SOX Semiconductor Sector Index Fund (NASDAQ:SOXX). For a complete list of companies on the naked short lists please visit our web site. To find the SqueezeTrigger Price before a short squeeze starts in any stock, go to http://www.buyins.net .
SQQQ: 33.66 (-1.56), SOXX: 84.73 (+1.19)
ODMTY, TMKXY, Added To Naked Short Lists Today
M2 - Wed May 15, 8:50AM CDT
BUYINS.NET, www.buyins.net , announced today that these select companies have been Added To the NASDAQ, AMEX, NYSE, OTCBB and Pinksheet naked short threshold lists. Old Mutual PLC (OTC:ODMTY), TMK OAO-SPON ADR (OTC:TMKXY). For a complete list of companies on the naked short lists please visit our web site. To find the SqueezeTrigger Price before a short squeeze starts in any stock, go to http://www.buyins.net .
Annual General Meeting
M2 - Thu May 09, 6:24AM CDT
The 2013 Annual General Meeting ("AGM"
Old Mutual Asset Management and Northeast Retirement Services Announce a Strategic Transfer Agent Outsourcing and Successor Trustee Relationship
PR Newswire - Tue May 07, 8:30AM CDT
Old Mutual Asset Management (OMAM), the U.S.-based global asset management business of Old Mutual plc, announced today that one of its wholly-owned subsidiaries, Old Mutual Asset Management Trust Company (OMAMTC), has entered a multi-year strategic outsourcing agreement with Northeast Retirement Services (NRS).
Nedbank Group - first quarter 2013 trading update
M2 - Fri May 03, 7:16AM CDT
Nedbank Group Limited ("Nedbank Group"