South Africa’s Largest Asset Manager Goes Live on Omgeo CTM

Nick Baikoff, head of asset services at Maitland Fund Services

Old Mutual Investment Group South Africa, the nation's largest asset manager, has gone live on Omgeo Central Trade Manager (CTM), via fund administrator Maitland Fund Services, for its international index-tracking funds.

Old Mutual says that the partnership come along as a result of South Africa's financial markets' migration to a shortened settlement cycle from T+5 to T+3.

"South Africa is the investment gateway to the entire African continent and as we move closer to accelerated settlement

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