Old Mutual officials at the 9th AGM in Kampala on Tuesday. Old Mutual Investment Group Uganda has surpassed the Shs 4 trillion mark in assets under management, strengthening its lead as the country’s largest asset manager with more than 60% market share.The announcement was made at the company’s 9th Annual General Meeting held on Tuesday, June 30, 2026, at Four Points by Sheraton in Kampala.Board Chairman Geoffrey T. Kihuguru said the milestone was achieved in a year of economic resilience, citing Uganda’s estimated 6.3% growth in 2025, lower inflation of 3.1% and stronger export performance, particularly in gold and coffee.“Old Mutual Investment Group Uganda delivered another year of strong performance, remaining firmly anchored to its mandate of generating consistent, risk-adjusted returns for clients. The business closed the year with assets under management exceeding UGX 4 trillion and maintained its position as the largest asset manager in Uganda, commanding a market share of more than 60%, despite intensifying competition within the industry. This sustained leadership is a testament to the strength of our investment philosophy, the depth of our capabilities, and the enduring trust placed in us by our clients,’’ said Kihuguru.“During the year, we advanced our strategic agenda through the successful launch of our Private Wealth offering, designed to serve high-net-worth individuals and families with bespoke and sophisticated investment solutions. This platform represents a meaningful evolution of our value proposition, extending beyond traditional asset management into holistic wealth advisory, with a strong emphasis on capital preservation, long-term growth, and intergenerational wealth transfer.’’According to Kihuguru, the Group is progressing the establishment of an Alternatives Investment Fund, marking a deliberate expansion beyond traditional asset classes.“This initiative reflects our continued commitment to innovation and positions the business to capture opportunities across private markets, infrastructure, real assets, and other non-traditional investments. We believe this will enhance portfolio diversification, unlock new sources of return, and further strengthen our leadership position in an evolving investment landscape,’’ he said.He said that the outlook for 2026 remains positive, albeit more nuanced.“Uganda’s macroeconomic fundamentals remain supportive, while evolving fiscal dynamics, global uncertainties, and the anticipated commencement of oil production are expected to shape the next phase of the country’s growth trajectory. Against this backdrop, Old Mutual Investment Group Uganda remains well positioned to navigate the environment through disciplined investment strategies, prudent risk management, and continued innovation. As we look to the future, Old Mutual Investment Group Uganda remains committed to preserving its leadership position, delivering superior outcomes for clients and shareholders, and contributing meaningfully to the development of Uganda’s capital markets and the broader economy,’’ Kihuguru added.Managing Director Zaccheus Kisesi said the firm is expanding its offer through the OMIG Wealth Mobile App, bank integrations with Stanbic, Equity and Centenary banks, and a newly secured licence to manage alternative investments.“Over the past year, we have remained steadfast in our commitment to placing our customers at the centre of everything we do. As the investment landscape evolves, so too must the way we serve our clients. We have therefore made deliberate investments in innovation, technology and product development to ensure that accessing investment solutions is simpler, faster and more rewarding. One of our most significant milestones has been the launch of the OMIG Wealth Mobile App. This digital platform empowers our clients to conveniently open investment accounts, monitor their portfolios, make additional investments and manage their savings anytime and from anywhere. This initiative reflects our commitment to delivering a seamless and customer-centric digital experience,’’ said Kisesi. In addition, he added that ‘’we have successfully integrated our investment platform with several leading commercial banks, including Stanbic Bank, Equity Bank, and Centenary Bank. These integrations enable seamless transfer of funds between clients’ bank accounts and their Unit Trust investments, making investing more convenient and reducing transaction turnaround times. We believe that removing barriers to investing is key to encouraging greater participation in capital markets. We have also expanded the value proposition of our Unit Trust by introducing Life Assurance benefits attached to selected investment products.”Kisesi said that these solutions provide financial protection in the unfortunate event of death, permanent disability or diagnosis of a critical illness.“This innovation allows our clients not only to grow their wealth but also to safeguard their financial future and that of their loved ones. Recognising that wealth creation extends beyond investments alone, we have further partnered within the Old Mutual Group to offer our Unit Trust clients preferential discounts on our Moto Comprehensive Insurance products. This is one of many ways Public we continue to reward our loyal investors by providing greater value through integrated financial solutions,’’ he noted. ‘’These initiatives are not isolated projects. They represent a deliberate strategy to transform the customer experience. At OMIG, customer service is at the heart of our business. Every investment we make in technology, partnerships, product innovation and process improvement is driven by one purpose—to serve our clients better, faster and more efficiently.’’He revealed that OMIG recently obtained the Alternative Investments Fund Management Licence from the Capital Markets Authority.“The licence enables us to further diversify our product offering and provide investors with access to innovative investment solutions tailored to different risk appetites, investment objectives and market opportunities. We believe this will strengthen Uganda’s investment ecosystem while creating additional avenues for long-term wealth creation for our clients,’’ said Kisesi.The post Old Mutual Investment Group Surpasses UGX4 Trillion in Assets appeared first on Business Focus.