What is Financial Investment?
financial investment is a financial product like a cryptocurrency or a stock that is bought with the goal of making money.
Each investment has specific risks, advantages, and disadvantages that will determine how and when investors buy or sell them.
Both individuals and companies make financial investments with the intent of maximizing income or earning a profit. These investments are held for a specific interval of time which is called a time horizon.
As an example, an employee beginning a career could hold onto retirement investments for a few decades, while an investment firm may hold and sell an investment within a few days.
Best Financial Investments Companies In South Africa
1. AllanGray
Founded in 1973, AllanGray is South Africa’s biggest and most well-known financial service company.
It is considered the best investment company that has been thriving in the business of creating financial security for everyone who trusts them with their money.
2. Stanlib
Stanlib was established in 2002 as a joint venture between Standard Bank and Liberty Life.
They offer a wide range of investment disciplines and their expertise spans active and passive asset management with single- and multi-manager offerings.
3. Coronation
Coronation was founded in 1993 by a group of investment professionals who left an established institution to start their own fund management company.
From its inception, the company’s main focus has been on asset management, and they have been delivering competitive long-term returns to its clients.
4. Investec
Investec is a bank and a wealth management company that prides itself on helping people turn possibilities into realities.
The company started as a small finance company in South Africa in 1974 and has now grown to be an international organization. They are listed on the London and Johannesburg Stock Exchanges.
5. iTransact Fund Managers (IFM)
iTransact Fund Managers (IFM) is an asset management company that was established in 1964.
They offer collective investment schemes (unit trusts) with various investment objectives ranging from value investing to ultra-conservative.
6. Old Mutual
Old Mutual is one of the oldest leading investment managers in South Africa that offers a comprehensive range of investment products for both institutions and individuals.
Individual investors can access their diverse investment expertise via their unit trust funds and institutional offerings are available via pooled or separate (segregated) portfolios, including bespoke investment solutions.
7. Foord Balanced Fund
Foord Balanced Fund, an asset management company founded in 1981 is ideal for investing in retirement fund products.
They offer a package of actively managed unit trusts which are created to meet the needs of long-term investors.
8. Fairtree
Founded in 2003 and based in Cape Town, Fairtree is a leading investment manager that manages alternative and long-only investment portfolios.
They have local funds, offshore funds, and tailored solutions. Their solutions include various forms of equity, fixed income, credit, commodity, and property.
9. M & G Investments
Previously known as Prudential Investment Managers, M & G continues to manage assets on behalf of Prudential plc clients worldwide.
They are focused on helping their clients to achieve their financial goals by protecting and growing their savings over time.
Which company is best for investment in South Africa?
The 2022 Alexforbes Manager Watch Annual Survey revealed that Ninety One, Stanlib, and Sanlam Investment Management (SIM) are the largest asset managers in South Africa.
What is the biggest financial company in South Africa?
Standard Bank
Standard Bank, South Africa’s largest bank, offers a variety of retail and commercial banking, corporate and investment banking, investment management, and life insurance services through about 700 locations in its home country.