Old Mutual Namibia, through the Old Mutual Investment Group (OMIGNAM), last week expanded its investment horizon with the unveiling of the World Wide Equity Fund.
This fund represents more than diversification, it symbolises Old Mutual Namibia’s ambition to give Namibian investors a credible and convenient pathway to global markets, while remaining rooted in the strength and insight of our 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. 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. They are scattered across continents, and are now accessible through a single, well-managed fund,” said Rex Mutelo, head of business development, Old Mutual Investment Group, Old Mutual Namibia.
Jo-Ann van Wyk, business development manager of the Old Mutual Investment Group added: “The World Equity Fund is more than just a product. It’s a strategic pathway to harness international growth potential, built on deep expertise and a vision for sustainable wealth creation.”
Mutelo further said their aim is to enable long-term 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.”
“The World Wide Equity Fund is managed by a team of Namibian portfolio managers who hold CFA charters and have over 40 years of combined investment experience. 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 to shape,” said Lionel Kannemeyer, the managing director of the Old Mutual Investment Group.
“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’ve 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 said.
OMIGNAM also oversees a US dollar Money Market Fund domiciled in Mauritius, and with over US$400 million in assets under management, the fund is backed by multinational organisations from across the globe, who have placed their trust in OMIGNAM as a Namibian asset manager.
“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,” shared Martin Schurz, portfolio manager at the Old Mutual Investment Group. This fund opens the doors to new pathways of investing, and Old Mutual Namibia, is at the forefront of this.
“The launch of this fund is a testament to the credibility, governance, and global relevance we’ve built from our base 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,” Mutelo added.
“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.