Old Mutual SuperFund

Old Mutual was established in Cape Town in 1845 as South Africa’s first mutual life assurance society. Old Mutual now employ over 30 000 people and operate in 14 countries across two regions: Africa (South Africa, Botswana, eSwatini, Ghana, Kenya, Malawi, Namibia, Nigeria, Rwanda, South Sudan, Tanzania, Uganda and Zimbabwe) and Asia (China).

Country

South Africa

AUM ($B, AS AT DATE OF ASSET ALLOCATION)

$10

Performance (%, 1YR)

11.1

Chief Executive

Fiona Reynolds

Chair

Nhlanhla Nene

Asset allocation

47.5% Local Equities

1.2% African Equities

6% Property

6.4% Global Alternatives

3.9% Global Interest Bearing

17.2% Global Equities

8.9% Local Alternatives

9.1% Local Interest Bearing

Website

View the annual report

Global Pension Transparency Benchmark country system description

Asset allocation as of December 31, 2023. All information is as per the most recent annual report or other publicly available data via the fund's website

Why disclosure and communication are key to pension excellence

Comprehensive, holistic value disclosures and compelling communication are key benchmarks for pension funds. This has been confirmed by the first year experience working with leading global pension funds for the Global Pension Transparency Benchmark, a collaboration between Top1000funds.com and CEM Benchmarking. In year two, in recognition of this belief and communication excellence, we have decided to award bonus points to funds preparing Framework integrated annual reports. Mike Heale looks at four examples of pension funds already using the Framework.