List Of Black Asset Managers In South Africa

Black fund managers are not your typical BEE (BEE) beneficiaries. They have built their businesses (50 firms, employing more than 700 people) from the bottom.

Find below are the list of Black Asset Managers In South Africa

27four Investment Managers (Pty) Ltd

Address: Firestation Rosebank, Fifth Floor, 16 Baker St, Rosebank, Johannesburg, 2196
Hours: Closed ⋅ Opens 8AM Fri
Phone: 011 442 2464

Futuregrowth Asset Management

Address: 3rd Floor, Great Westerford, 240 Main Rd, Rondebosch, Cape Town, 7700
Hours: Closed ⋅ Opens 8:30AM Fri
Phone: 021 659 5300

Matrix Fund Managers

Address: 2nd floor, The Terraces, 25 Protea Rd, Claremont, Cape Town, 7708
Phone: 021 673 7800

Makwe Fund Managers

Address: 2nd Floor, 44 Melrose Blvd, Melrose, Johannesburg, 2196
Phone: 010 020 1860

African Rainbow Capital

Address: 1st Floor, Marsh Building Cnr Fredman Drive &, 5th St, Sandton, 2196
Phone: 010 900 0200

How many asset managers are there in South Africa?

Significant number (126) of boutiques in the SA market: 126 independent / boutique asset managers who manage ~ R2. 4trn of assets under management (‘AUM’), representing 47% of the SA total asset management industry of ~ R5. 2trn. This compares to roughly 45% in the US and 41% in the UK.

Are there any black hedge fund managers?

A 2018 report by New Financial found the asset management industry in London had just 12 Black fund managers. In the United States, 2019 regulatory data showed 8.9% of hedge fund firms were owned by ethnic minorities, including Hispanic, Black, Asian and Native Americans.

Which is the largest pension fund manager in South Africa?

The survey showed that OMIG remained the biggest asset manager among those 77 firms that participated in the survey even though its AUM had decreased 1.8% from June 2019 to R605. 7 billion by the end of June 2020. Ninety One also kept its second-ranking from 2019.

How many black fund managers are there?

12 Black portfolio managers

According to a 2018 study by New Financial, there are only 12 Black portfolio managers in the entire UK investment management industry.

Is Black Rock a hedge fund?

BlackRock manages US$38bn across a broad range of hedge fund strategies. With over 20 years of proven experience, the depth and breadth of our platform has evolved into a comprehensive toolkit of 30+ strategies.