Old Mutual multi-manager business rebrands as ‘Symmetry’

About US$32,062 million is owed Old Mutual Zimbabwe Holdco Limited (OMZHL) in respect of dividends not paid by OMZIL when the entity was the direct holding company of OMZIL. At least US$2,252 million is owed to Old Mutual Africa Holdings Proprietary Limited in respect of service fees.

Old Mutual has relaunched its multi-manager investment business under the name Symmetry, signalling a shift to a full-service investment solutions model, the group announced on Wednesday.

The Symmetry brand was originally introduced by Old Mutual two decades ago for its multi-manager business and is now being adopted again as the group enhances its offering into an “investment solutions business”.

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