AN Independent platform profiling asset managers, discretionary fund managers and investment platforms and service providers.
36ONE
36ONE is an asset management company with a + 15-year track record of exceptional performance. The firm was founded in 2004 by Cy Jacobs and Steven Liptz and has in excess of R30 billion in assets under management. 36ONE manages unit trusts, hedge funds and segregated mandates for a broad range of clients, which includes private clients, financial advisors and institutions (both local and international). Our investment approach is centred on the principle that the market does not efficiently price securities at all times. We therefore believe that stock selection through bottom-up fundamental analysis can outperform over time. With single-minded focus, the team continues to deliver outstanding performance and exceptional service. Despite rapid growth, 36ONE remains small enough to maintain its flexible and agile investment approach.
ALT2024
ALUWANI Capital Partners
ALUWANI Capital Partners is an independent investment management business that aims to make a lasting impact in South Africa and the rest of the African continent. We are registered with the Financial Sector Conduct Authority (FSCA) and are an Authorised Financial Services Provider in terms of the Financial Advisory and Intermediary Services Act (FAIS).
ALT2024
Capital International Group
Capital International Group was founded in 1996 by Peter and Anthony Long, a father-son team with the single-minded mission of providing the best possible service to our clients. For more than two decades we have been unwavering in our commitment to that goal, evolving and investing in our business to help our clients in achieving their financial objectives.
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Clearance Capital
- The Clearance Camino Fund invests in European real estate securities with a focus on the core Western European economies. The investment portfolio is diversified, and the Fund adheres to a conservative investment strategy, with a strict investment and risk management process. The fund offers an alternative to traditional bricks and mortar investing in Europe.
- Clearance Capital is an investment management firm based in the City of London which seeks out the best opportunities in the European real estate capital markets based on their fundamental research findings. The team brings their experience in capital markets, real estate and investment management to bear on the investment approach to each portfolio.
- This conventional long-only strategy allows investors the opportunity to harvest the returns generated by a portfolio of quality European real estate companies. This portfolio is geared to companies focused on the core European markets with good management teams with proven track records, sustainable capital structures and class leading operational efficiency.
Cogence
Cogence is the first global discretionary fund manager in South Africa. It marries the expertise of Discovery, whose behaviour-change platform is the largest of its kind, and BlackRock, one of the world’s leading asset managers. Cogence then combines this with the local investment management expertise of RisCura, who intimately understands the local market within a global context. Using Aladdin Wealth™, BlackRock’s industry-leading investment and risk technology platform, and Vitality insights and data, Cogence is the world’s first discretionary fund manager that fully models retirement solutions, taking health experience into account. Now available on multiple platforms The Cogence investment solutions are available on the Discovery Invest, Ninety One, Glacier, and now Allan Gray platforms. To gain access to these solutions on the Ninety One, Glacier and Allan Gray platforms, email info@cogence.co.za.
Dominion
Dominion is an international fund management group which specialises in identifying and investing in global trends. We have a simple goal: To create and manage a range of investment products, which are both highly effective, simple to understand and achieve great results for our investors. The result is a series of investment opportunities that you will feel instantly familiar with. You will understand the logic of the strategies. Dominion Global Trends funds are managed by a dynamic fund management team based in the City of London and the business is managed by an executive committee with a first class track record in Asset Management. Dominion Fund Management Limited (“DFML”). All rights reserved. All content provided on this website is governed by the Terms and Conditions. DFML recommends that you read the latest documentation available and seek professional investment advice if considering making an investment. DFML is licensed and regulated by the Guernsey Financial Services Commission.
Foord Asset Management
Founded in 1981, Foord Asset Management is an independent and owner-managed boutique built on the principles of investment stewardship. A multi-decade track record of successful investing evidences our capacity to consistently deliver superior investment returns for a range of investment strategies. Our value proposition focuses on safety-first and risk-cognisant investment management. We construct diversified investment portfolios based on rigorous fundamental research, high conviction ideas and an adaptable, value-driven investment policy. We embrace market volatility as opportunity, not risk. In partnership with Foord Asset Management Singapore, Foord is one of the few South African asset managers to offer a globally integrated investment management service with a range of South African, worldwide and global investment strategies catered to most investment needs and risk budgets for investors in South Africa and abroad: For short-term investment horizons and conservative risk appetites: Foord Income, Foord Flex Income and Foord Conservative Funds For longer term savings needs in discretionary and retirement fund portfolios: Foord Balanced Fund and Foord Flexible Fund of Funds For specialist South African-only strategies: Foord Equity and Foord Bond Funds Globally: Foord International Fund for conservative investors and Foord Global Equity Fund for risk tolerant long-term investors
ALT2024
Goldman Sachs
Bringing together traditional and alternative investments, Goldman Sachs Asset Management provides clients around the world with a dedicated partnership and focus on long-term performance.
As the primary investing area within Goldman Sachs, we deliver investment and advisory services for the world’s leading institutions, financial advisors and individuals, drawing from our deeply connected global network and tailored expert insights, across every region and market—overseeing more than $2 trillion in assets under supervision worldwide as of December 31, 2022.
INN8 Invest
INN8 Invest is the centre of excellence for discretionary fund management (DFM) services within the Standard Bank Group. The business has a proud 20+ year track record with more than R560 billion under stewardship, which includes R112 billion worth of assets under management.
The STANLIB Multi-Manager model portfolio proposition for Group advisers, and third-party IFAs, was repositioned in March 2022 under a new brand, INN8 Invest. STANLIB Multi-Manager, a division of STANLIB Asset Management, houses the core investment team behind INN8 Invest. To ensure its independence from existing STANLIB Asset Management franchises, INN8 Invest operates under the STANLIB Wealth Management Ltd licence, which is shared with the Group’s investment platform, under the registered trademark INN8.
Our value proposition stems from the fact that we are able to blend our portfolio construction and manager research capabilities across different asset classes and strategies to provide additional diversification to meet tailored client needs. Along with our unlimited investment scope, global intelligence network and our total impartiality, we ensure that our clients can take advantage of the right investment opportunities – no matter where and when they arise.
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JTC
JTC is a publicly listed, global professional services business with deep expertise in fund, corporate and private client services. JTC’s fund solutions are driven by a partner-led approach. Our senior leadership team comprises of experienced professionals who take a proactive role in managing client relationships with clients, ensuring that solutions are delivered with the a high degree of excellence. We possess the capabilities to help clients navigate the complexities of the local financial landscape and provide tailor-made solutions to meet their requirements. JTC in South Africa benefits from being part of a global network, enabling us to provide international support and access to a wide range of solutions across multiple jurisdictions and third party networks. We are dedicated to providing solutions that streamline administrative processes, allowing our clients to focus on what truly matters, successfully growing their funds. At JTC, we offer a full suite of solutions in South Africa and support all fund types across multiple jurisdictions and asset classes. Our exposure to diverse investment opportunities, including commodities, mining, renewable energy, and technology, allows us to share valuable insights with our clients. We provide fund accounting, fund administration, transfer agency* and business process outsourced services to JTC Group companies as well as institutional clients in South Africa and abroad.
*Subject to ISAE3402 certification currently in progress to satisfy the delegation requirements of FSCA Conduct Standard 2 of 2020 (CIS)
ALT2024
Laurium Capital
Laurium Capital is an employee owned boutique asset manager with offices in Johannesburg, Cape Town and London. Founded in 2008, by Murray Winckler and Gavin Vorwerg, Laurium has grown to R50bn in assets under management and provides a suite of long-only and hedge fund strategies which invest in South Africa as well the as the rest of the African continent, and more recently launched a Global Active Equity Fund. Our team of 36 driven individuals strive to generate returns and service in excess of client expectations. We combine on-the-ground research with extensive local market knowledge to seek investment opportunities. Our skills in stock selection, combined with disciplined portfolio construction and risk management processes deliver superior risk adjusted returns over time. We manage a niche range of unit trusts across the risk spectrum, accessible on most LISPs. Our client base is well diversified across high net worth individuals, institutions and retail investors.
M&G Investments
M&G Investments is a global investment manager with a special focus on the South African and Namibian markets. Founded in 1994, we cater for both retail and institutional investors and manage over R323bn in assets (as of March 2022), making us one of SA’s top 10 largest investment managers. We are part of the global M&G plc group, which has stewardship over £367bn in assets (as of March 2022) on behalf of over five million clients in 28 markets. Our group’s global reach, expertise, and deep resources give us the ability to make a truly meaningful, sustainable impact in Southern Africa and far beyond. We integrate ESG factors into our investment process, and are committed to transformation, having received a Level 1 B-BBEE rating. Our product range offer clients a unique combination of our core skills, local experience and global expertise:
- Our equity portfolios are managed according to specific investment objectives or our clients’ bespoke requirements.
- Our global funds are designed to provide SA clients with an optimised offshore investing solution.
- Our multi-asset offerings take advantage of our expertise in both strategic and tactical asset allocation, with one of the most experienced asset allocation teams worldwide.
Martello Asset Management
Martello Asset Management is a Jersey-based discretionary asset manager specialising in focused, global equity portfolios and funds. We are regulated as an Investment and Fund Services business by the Jersey Financial Services Commission and authorised as a Financial Services Provider in South Africa by the Financial Sector Conduct Authority. Our global equity strategy is available as a Guernsey-domiciled offshore fund and the rand-denominated BCI Martello Global Equity Feeder Fund. Our experienced management team have more than 100 years of collective industry experience – decades in which the world and investment landscape have transformed and continue to evolve. We provide portfolio and fund management based on in-house, proprietary research developed over the past twenty years but remain disciplined and relevant for the current investment environment. Our core aim is to deliver consistent, repeatable returns through a high-conviction approach to investing. We also aim to be pragmatic thinkers – believing that a different outcome requires another starting point, and for us, that starting point is independent thought. We think differently when selecting and managing investments, guided by experience, observation and applying a rules-based approach.
Matrix Fund Managers
Matrix Fund Managers is an owner-managed, diversified asset manager. We take an agile approach to active investing that benefits from our independent thinking and unconstrained style. Our core purpose is to deliver consistent returns and high quality service for our institutional and retail clients. Founded in 2006, we rebranded as Matrix Fund Managers in 2014, managing both hedge funds and traditional long only portfolios. Our key capabilities span across fixed income, equity and multi-asset portfolios in South Africa.Our absolute return mind-set pursues excellent performance within appropriate risk limits.
- Well established SA Hedge Fund presence with R 5 billion (Jan 2023) assets under management.
- Fast growing long-only offering with R 20 billion (Jan 2023) of SA Multi- Asset, Fixed Income and Equity assets under management.
- Appointed by Amplify Investment Partners as the exclusive manager of two multi-asset unit trust portfolios.
- Strong team with over 300 years of combined market experience.
- Regulated by the South African Financial Sector Conduct Authority as an authorised Financial Services Provider with a Category I, II and IIA license (FSP 44663).
ALT2024
Mergence Investment Managers
Mergence is an independent asset management firm with a strong 18-year track record. We were founded in 2004 and have successfully grown our offering to a diverse product range across both public and private market investments, spanning specialist equity and fixed income, multi-asset, infrastructure, debt and private equity funds.
We are focused on sub-Saharan markets and led by a pragmatic, sustainable, shared value creation mindset. Responsible investing and ESG principles are part of our ethos and embedded across our investment processes.
Mergence is majority black-owned and managed and embraces the multi-cultural and multi-racial diversity of Southern Africa. We employ 58 people across our operations in Cape Town, Johannesburg, Windhoek, and Maseru.
ALT2024
Old Mutual Alternative Investments
Old Mutual Alternative Investments (OMAI) is one of Africa’s leading private alternative investment managers. We have over *ZAR 127.9 (USD 6.8 B) in assets under management in Infrastructure, Private Equity, Impact Investing and Hybrid Equity.
Established in South Africa in 2000, OMAI is one of the first alternative investment managers, inheriting a rich history in the investing space as a member of the Old Mutual Group, with more than 175 years of investing experiences in Africa. Through our infrastructure investment arm, African Infrastructure Investment Managers (AIIM) we have been pioneers in the development of the infrastructure asset class in South Africa and across the continent. We aim to deliver consistent, competitive returns to investors, and create a positive, long-term impact in the communities and environment we live and invest in.
Our investments build the houses, schools and thriving businesses that Africa needs, as well as provide essential infrastructure such as sustainable power generation, roads, railways, airports and telecommunications.
*Attributed to Old Mutual Alternative Investments as of 30 June 2023.
Old Mutual Investment Group
At Old Mutual Investment Group, we offer local and global investment strategies. Our experienced team navigates markets with precision, offering clients a reliable approach to capitalise on opportunities in any investment environment.
Our commitment to investment excellence, responsible investing, and transformation is what sets us apart. We forge lasting partnerships with our clients by understanding their unique investment objectives and tailoring strategies for long-term success.
We offer clients access to effective investments aligned with their goals, whether it is wealth preservation, capital growth, or risk management.
Old Mutual Investment Group is a credible African black-owned manager, where local insight meets global proficiency.
Peregrine Capital
Peregrine Capital is South Africa’s longest-running hedge fund manager. Peregrine Capital has created exceptional wealth for its clients since its inception in 1998. The company currently manages just over R15bn of investor assets through its two local flagship hedge fund strategies, which are open to institutional and retail clients. Their Peregrine Capital High Growth H4 QI Hedge Fund (High Growth Fund) is the first fund in South Africa to achieve 100X an investor’s initial investment, so a million rand invested in the fund in February 2000 is worth more than R100 million now. Their Peregrine Capital Pure Hedge H4 QI Hedge Fund (Pure Hedge Fund) has never had a negative year since its inception in July 1998.
PortfolioMetrix
PortfolioMetrix was founded in 2010 on the principle that portfolios need to be constructed on needs, not wealth. We recognise the potential in partnerships, and the value of integrating the specialisations of investment management and independent financial advice. We pioneered the use of proprietary built technology to give advisers the ability to customise client portfolios on a fully scalable basis. Our goal is to create a robust link between the professional adviser and client outcomes. Our proposition produces precision-engineered portfolios that reliably meet expectations.We pride ourselves in our people and partnerships which drives our ongoing pursuit of service excellence. Our Investment proposition hinges on thorough asset allocation theory and practical, pragmatic implementation. We believe that markets are good at pricing risk but argue that they are not fully efficient in this regard. While our processes have evolved over time, our investment DNA has not deviated from a few key principles:
- Intelligent, academic research in combination with sound judgement, to seek out investment opportunities while avoiding uncompensated risks.
- Avoiding concentration risks by carefully diversifying across countries, currencies, sectors, securities, and other specialist managers.
PPS Investments
PPS Investments is a subsidiary of PPS, a holistic financial services company specialising in bespoke financial solutions exclusively to graduate professionals.
At PPS Investments, we offer a suite of flexible investment solutions for pre-retirement, post-retirement and wealth creation.
ALT2024
Premier Miton
Premier Miton is a genuinely active investment manager offering a range of funds and investment trusts, as well as a portfolio management service, covering equity, fixed income, multi asset and absolute return investment strategies. Find out more about our investment range
Our clients’ investments with us are actively managed by our different specialist investment teams, who are empowered to employ their own proven and distinctive investment approaches with the aim of helping them achieve their long term investment objectives.
We believe it is important that we also act responsibly, including in our approach to investing, our approach to managing the environmental impact of our operations, our approach to the Premier Miton team including diversity and inclusion, wellbeing and personal development, and our approach to our community.
ALT2024
Prescient Investment Management
Prescient Investment Management (PIM) is a leading systematic investment manager that relies on a data-rich investment process to provide clients with certainty in an uncertain world. Founded in September 1998, PIM has delivered superior risk-adjusted returns across its broad range of mandates for more than two decades, making it one of South Africa’s leading specialist investment management firms. Overseen by a diverse and skilled team of investment professionals, PIM’s investment solutions combine the best of human decision making with quantitative investing that is free of human bias and emotions. PIM’s investment approach has evolved over time, incorporating exciting innovations in data science and financial markets, but remains true to the original vision and philosophy of the founders. PIM specialises in portfolio and risk management, managing money on behalf of retirement funds, medical aid schemes, corporate entities, trusts, and individuals. Its investment solutions range from unit trusts and retirement fund portfolios invested in all the listed asset classes through to infrastructure and clean energy debt funds. Prescient Investment Management (Pty) Ltd is an authorised financial services provider (FSP 612).
Rezco
Rezco is a boutique active asset manager. Our purpose is to help our clients achieve financial well-being by creating wealth through risk-adjusted returns. Rezco started in 1984 managing private clients’ portfolios and, over 30 years later, has grown into a strong multi-award-winning asset management fund. Our funds employ active strategies that cover multi-asset classes and equities. Our independent thinking gives us the agility we need to react quickly according to market activity. Rezco’s decades-long track record of achieving market-beating returns for our clients is made possible by a strong culture of debate, cutting-edge investment technology, and a passionate team of experienced individuals.
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Sasfin Asset Managers
Since its founding in 2002, Sasfin Asset Managers has garnered a reputation as one of South Africa’s leading boutique Asset Managers. Our diverse offering has grown to incorporate a range of equity, income and multi-asset class funds designed to suit the needs of our discerning retail and institutional client base.
Our investment team includes some of South Africa’s most highly-regarded Fund Managers, several of whom have managed large-scale institutional money for decades. This ability to attract top talent has also ensured that the meticulous research produced by our in-house team, coupled by close partnerships with leading global research houses, is always of the highest calibre.
Schroders
At Schroders South Africa, we focus entirely on providing offshore investment solutions to local intermediaries and institutions across a diversified range of investment strategies. We have 22 FSCA-approved offshore funds available to South African investors, which are available on a number of platforms. Our relationship with ABSA asset management also gives investors access to our strategies through a number of onshore ZAR feeder funds and our Schroder European Real Estate Investment Trust is listed on the JSE. Schroders South Africa is a wholly-owned subsidiary of Schroders plc, a global asset manager with over two centuries’ experience and *£726.1 billion in assets under management. We are determined to build future prosperity for our clients, and for all of society. As a global business that’s managed locally, our clients’ needs are at the heart of everything we do. *AUM as at 30th June 2023
Sentio
Sentio integrates bottom-up fundamental research with in-depth quantitative risk management. Our disciplined and detailed investment process is underpinned by a scientific valuation methodology and combines human knowledge and experience with machine learning and artificial intelligence. Our investment philosophy is based on the premise that financial markets are inherently inefficient, which means asset prices often do not reflect intrinsic values. Through a combination of human analysis and technological intelligence, we seek to identify these incorrectly valued and mispriced opportunities. We are global, multi-asset, style-agnostic investors that look for these opportunities across markets, asset classes, and the style spectrum, investing wherever we find good value. Effective risk management is also central to our philosophy. To this end, we implement a robust, proprietary-built quantitative risk management framework to help us achieve optimal and sustainable risk-adjusted returns regardless of market conditions. Sentio’s globally competitive investment team is made up of 5 portfolio managers, who are supported by 6 research analysts and a trader. Further support, in the form of operational and business development capabilities, are provided by an experienced business team comprising 7 individuals. Together, the investment team has more than 182 years of investment experience and an impressive track record that has been tested by some of the most challenging markets in history. Deeply entrenched in our investment philosophy is a steadfast commitment not only to grow our clients’ money in the most responsible way possible but also to transforming the asset management industry. Our diverse team comprises talented and skilful individuals whose values and ethics align with our corporate culture and those of our investors.
ALT2024
Steyn Capital Management
Steyn Capital Management is a value-orientated investment management firm investing in publicly traded equities in South Africa, Africa, Frontier and Emerging markets.
Steyn Capital Management won the HedgeNews Africa awards for South African Hedge fund and/or African fund of the year in 2010, 2012, 2014, 2017 and 2021, and was nominated for awards in 2009, 2011, 2015, 2022 and 2023.
“Our mission is to seek out and exploit market inefficiencies“
Steyn Capital Management (Pty) Ltd is a licensed financial services provider, and a signatory to the UN Principles for Responsible Investment.
Sygnia
Sygnia is a JSE-listed financial services group that offers asset management and investment administration services, as well as a wide range of savings and investment products, to South African retail and institutional investors. Investment administration is also offered to institutional clients in the USA and the United Kingdom. Sygnia managed and administered R295.3 billion in assets as at 31 March 2022. All the assets are administered on Sygnia’s proprietary investment administration platform and are unitised on a daily basis. The operations of the Sygnia group of companies (“the Group”) date back to 2003, when certain subsidiary companies formed part of the African Harvest group of companies. Sygnia was launched in 2006 through a management buy-out by the then-CEO of African Harvest, Magda Wierzycka, and her executive management team. Until 2015, Sygnia was privately owned by the existing executives and founders. Sygnia Limited listed on the main board of the Johannesburg Stock Exchange in 2015 and on the A2X exchange in 2018. The company remains majority-owned by its management and staff, including Sygnia’s broad-based BEE staff scheme. The company has provided asset management and investment administration services to South African retirement fund clients since 2006 and to international clients (retirement funds, endowments and multi-managers) since 2007. Today Sygnia is the second largest multi-management company in South Africa, one of the two largest passive managers in South Africa and the largest provider of ETFs in the country. It manages and administers assets on behalf of over 1 500 institutional investors and 39 919 retail investors, and its umbrella fund has over 45 000 members. The company employs over 300 staff members and has offices in Cape Town, Johannesburg, Durban and London.
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TBI
Founded in 1992, TBI strives to be the alternative asset and fund management partner of choice, offering niche alternative solutions uncorrelated to conventional investment options, meeting specific investor needs.
Tax-paying high net worth individuals, trusts and companies traditionally make use of cash funds such as money market or enhanced cash funds for their discretionary cash. These cash funds, however, produce tax inefficient interest, resulting in an increased income tax liability and eroded after-tax performance on cash.
Recognising the need for improved after-tax return on discretionary cash TBI, in partnership with Sanlam, offer tax efficient alternatives. The Sanlam Alternative Income Fund (SAIF) and Sanlam Diversified Income Fund of Funds (SDIFOF) are designed to provide these suitable investors with improved after-tax performance over traditional cash funds, without compromising on risk or liquidity. The funds achieve this by producing mainly dividend (and in the case of SDIFOF, dividend and capital growth) returns, which is significantly more tax efficient than interest.
As a domestic Fund of Funds manager, TBI faced challenges in achieving a meaningful offshore exposure in a practical way. The team solved this through the establishment of the TBI Global Multi-Asset Income Fund, an Irish UCITS under Prescient ICAV, providing global exposure via the option of either USD or ZAR Hedge classes.
Launched in February 2023, the TBI Global Multi-Asset Income Fund is an Absolute Return income fund focused cautious fund, applying an income focused investment style whilst targeting a conservative risk profile. Diversifying into global high-quality credit and aiming to preserve investor capital.
Truffle Asset Management
Truffle Asset Management is an independent investment management company with a focused product range. A formidable team of highly experienced investment professionals back up our services. We offer long-only equity, flexible and multi-asset mandates. Above all, we are dedicated to finding the best way to invest your money through superior investment opportunities. Our range of unit trusts target different investment objectives and are exposed to varying levels of risk. Consequently, meeting our clients’ individual needs is the sole purpose of our products. All unit trust mandates are available as segregated portfolios, depending on fund size. We work alongside asset consultants for institutional and large corporate investors. Our experienced investment team follow a fundamental valuation-based philosophy and disciplined investment process. This is coupled with a rigorous risk management approach with a strong focus on downside risk protection as it’s not only about picking winners, but also about avoiding the losers. Consequently, as an agile investment manager, we complement this investment approach with efficient implementation and competitive fees. Why invest with us? The individual, long-term experience of our team helps us make well-informed, sound investment decisions. We have a proven track record of sustainable and persistent superior investment performance. We are personally committed to our clients’ success through co-investment. We are owner managed and always act in our clients’ and the business’ best interests. Having fewer assets under management enables us to be agile in our decision making, make the most of investment opportunities, and implement them effectively and quickly.
ALT2024
Westbrooke Alternative Asset Management
Established in 2004, Westbrooke is a multi-asset, multi-strategy manager and advisor of alternative investment funds and co-investment platforms. We have a heritage as a shareholder and operator of assets and invest our own capital alongside our investors in Private Debt, Hybrid Capital, Real Estate and Private Equity in South Africa, the UK and the USA.
We provide investors with a unique gateway to private market alternative investment opportunities which are traditionally difficult to access.
Investors benefit from the depth of experience and quality of our investment teams, who apply the Westbrooke Investment & Risk Philosophy and Approach in everything they do. This, together with our highly aligned financial interests, our heritage as an owner and operator of assets, our multi-decade track record of performance and our focus on capital preservation provides our investors with a unique advantage. Invest with the Westbrooke Advantage
