Old Mutual Assets Stand at $230.8 Billion

Old Mutual Asset Management, the U.S. asset management group of Old Mutual, announced assets under management of $230.8 billion, as of June 30, 2006.

During the second quarter, the sale of eSecLending reduced funds under management by $25.4 billion. Excluding eSecLending, funds under management increased $5.2 billion for the quarter or 2.3%. Net inflows from eSecLending's cash collateral assets contributed $10.3 billion, resulting in total net inflows of $20 billion through June 30.