Founded in 2012 Old Mutual Global Investors (OMGI) provides investment, savings, life insurance, asset management, banking and property & casualty insurance in Africa, Europe, the Americas and Asia. The company was formed by the coming together of Skandia Investment Group and Old Mutual Asset Manager.
At present they cover 16 million customers worldwide and employs approximately 57,000 people. As per their annual report of 2014, OMGI made an operational profit of £1,605m and recorded gross sales equal to £26.3bn, which were up by 11% from the previous year.
Old Mutual Global is a part of Old Mutual Wealth which aims at enabling customers to take control of their finances and manage their wealth, by providing access to fund managers across the world, via financial products which take advantage of the tax rules in their country.