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Old Mutual Launches First Mutual Fund Backed by Insurance in East Africa
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Old Mutual Uganda, a subsidiary of South African financial group Old Mutual, announced the launch of the first insurance-backed mutual fund in East Africa. This initiative aims to meet a recurring challenge in the Ugandan market: the premature liquidation of savings by investors to deal with family emergencies. The product, unveiled on 5 March 2026 in Kampala by Old Mutual Investment Group, the asset management branch of Old Mutual Ltd, in partn…
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