Kagiso Asset Management is a fund management company, which is focused primarily on a quantitative investment style. The team comprises a group of highly skilled professionals who have significant expertise in applying leading-edge quantitative investment thinking and techniques.
Their products include specialist equity, bonds and cash portfolios, as well as products, which combine these asset classes, eg balanced funds. Specialist quantitative investment management is well established internationally and is a rapidly growing trend in South Africa.
Kagiso Asset Management is jointly owned by Coronation Fund Managers and the Kagiso Group (51%). The Kagiso Group, which is held by the Kagiso Trust, is a fast growing financial services company with an excellent commercial track record in various businesses. The Kagiso Trust provides strong social credentials, as well as a long legacy of delivery as a leading South African N.
Coronation Fund Managers brings excellent market knowledge and expertise, strong operational backing and is one of the largest fund managers in the SA asset management industry. It has a long-term track record of delivering superior performance and innovative products to clients. Coronation Fund Managers is wholly owned by Coronation Holdings, a prominent JSE listed company.
Abax Investments, 31.9%
Element Investment Management, 25.1%
Mazi Visio (Pty) Ltd., 25%
FUND OBJECTIVES AND FOCUS
This is a South African General Equity fund aimed at outperforming its peer group in the long term. The equity mandates have a risk profile similar to those of a typical domestic general equity fund and the volatility of the fund is lower than that associated with a very aggressively managed equity portfolio. Capital depreciation is possible in the short term.