Latest News

Latest News

Adrian De Fay joins IAM

Well-known manager Adrian De Fay is joining Cape Town-headquartered Investec Asset Management, following the takeover of his business De Fay Fund Management. He will be managing the Investec Equity and Investec Equity Hedge Fund, with total assets under management of more than R4.4 billion, freeing up current manager Gail Daniel to focus on the Investec Managed Fund, which she has run successfully for seven years.

Hedge fund managers are at a crossroads

Hedge fund managers are at a crossroads. That's how one manager we spoke to recently expressed the conundrum some in the industry now face. Since the credit crisis erupted, a mammoth realignment in global markets has understandably left many with a still-diminished appetite for risk.

Deutsche adds senior staff to equities platform

Deutsche Bank has made four senior appointments to its South African equities platform, reinforcing its commitment as a key emerging markets investment bank.

Tyandela joins Clade as CEO

Ex-SIM man Luvo Tyandela has joined Clade Investment Management as CEO, teaming up with Carl Isernhinke and Gavin Goldblatt to lead the Cape Town based investment company.

Pretorius and Steenkamp go at it alone

Jacques Pretorius and Leonard Steenkamp have moved to new offices in Houghton, Johannesburg, having taken full ownership of T Capital, following the unbundling from the parent company T Sec after the sale of its stockbroking division to PSG Konsult earlier in the year.

Botha on board at Atlantic

Albert Botha has joined Belville-based Atlantic Asset Management as a fixed income analyst, and will be supporting CIO Arno Lawrenz and fixed income strategist Erik Nel.

InvestAD seeks to attract global investors

Invest AD, the new brand of the Abu Dhabi Investment Company, is pushing ahead with its strategy to attract global investors to the Middle East and Africa, with the launch of four equities funds this year.

Aylett reaches 12-month milestone

Cape Town-based Aylett & Co. Fund Managers now has a 12-month track record with its Aylett Hedge Fund, a conservative long/short equity strategy investing in the South African market.

27four builds investment team

Johannesburg-based multi-manager 27four Investment Managers is expanding with the recent appointment of Bhavesh Patel as an investment analyst, joining the firm’s experienced investment team which includes Fatima Vawda, Given Phaladi and Vic du Preez. Patel was most recently a capital analyst at ABSA Capital, where he spent a year, and before that he was with NMG Consultants and Actuaries. He has an honours degree in actuarial science from Wits.

Insparo targets wider audience

London-based Insparo Asset Management is stepping up marketing efforts with its Africa and Middle East fund, having successfully navigated its first year in turbulent market conditions while attracting some high-profile backing.