Skip to main content

Old Mutual goes global: ...with World Wide Equity Fund

Martin Schurz, Portfolio Manager at the Old Mutual Investment Group.

By Staff Reporter 

Insurance entity Old Mutual Namibia, through the Old Mutual Investment Group (OMIGNAM), recently celebrated the official unveiling of the World Wide Equity Fund, which according to the company does not only entail new investment product, but the expansion of its investment horizon. This fund, the company revealed, represents more than diversification, as it symbolises the ambition to give Namibian investors a credible and convenient pathway to global markets. This, is while remaining rooted in the strength and insight of the local investment expertise. “The World Wide Equity Fund is designed to offer investors broad global exposure, giving them access to some of the world’s leading companies across developed and emerging markets,” said Rex Mutelo, head of business development at OMIGNAM. “In today’s rapidly evolving economy, companies that lead in innovation, digital transformation, renewable energy, healthcare, and technology are no longer limited to Wall Street or Silicon Valley [but] are scattered across continents, and now, accessible through a single, well-managed fund,” 

NEW PATHWAYS 

According to Mutelo the company’s aim, with this venture, is to enable longterm capital growth for investors who want to future-proof their portfolios. “The fund is available to retail investors through our local distribution platforms, while institutional clients can still access our tailored segregated mandates for bespoke offshore exposure, suited to their specific mandates and risk appetite,” he revealed. “The launch of this fund is a testament of the credibility, governance, and global relevance we have built from our base here at home and reflecting our deep cross-border capabilities and operational strength. This scale allows us to offer investment products that are both cost-effective and strategically sophisticated, meeting the needs of both individuals and institutions.” The fund is more than a product, it is a call to action. A call to think differently about investing. “It allows a teacher in Rundu to invest alongside a banker in Frankfurt. It allows a nurse in Windhoek to co-own a share in a healthcare company listed in Switzerland. And it allows all of us, as Namibians, to move from watching global markets, to participating in them.” Mutelo stated. He said, in a time where geopolitical uncertainty, technological disruption, and market volatility are the norm, diversification across geography, sector, and currency is no longer a luxury. It is a necessity. 

With the launch of the World Wide Equity Fund, Old Mutual Namibia is reaffirming our commitment to innovation, inclusion, and long-term wealth creation. “Because Namibians deserve more than just access. We deserve representation. We deserve to grow our futures not only locally, but globally, with conviction, with confidence. With a team that understands exactly where we are coming from.” His sediments were echoed by Jo-Ann van Wyk, a business development manager at the company who said: “It is a strategic pathway to harness international growth potential, built on deep expertise and a vision for sustainable wealth creation.” 

LOCAL ASSET MANAGERS 

The company further maintained that with the launch of this fund, Namibians do not have to look abroad for credible asset managers. “The fund is managed right here at home, by a team of Namibian portfolio managers who hold CFA charters and have over 40 years of combined investment experience,” said Lionel Kannemeyer, the managing director at OMIGNAM. They bring global insight with local nuance, and most importantly, they sit in our offices, understand our clients, and remain directly accountable to the people whose futures they help shape,”. “We believe this is what true localisation looks like: not limiting opportunity to borders, but delivering global access through local talent. 

The launch of this fund builds on the foundation we have already established as an investment group. We currently manage over N$60 billion in assets under management across a broad range of strategies,” Kannemeyer further shared. Portfolio Manager, Martin Schurz said: “Variety is not just the spice of life; it is the safety net of smart strategy, and diversification through global markets offers reduced risk and broader growth opportunities,”

Comments

Restricted HTML

  • Allowed HTML tags: <br> <p> <h2 id> <h3 id> <h4 id> <h5 id> <h6 id> <cite> <dl> <dt> <dd> <a hreflang href> <blockquote cite> <ul type> <ol type start> <strong> <em> <code> <li>
  • Lines and paragraphs break automatically.
  • Web page addresses and email addresses turn into links automatically.

Article Related