The Alexforbes Manager Watch Annual Survey revealed that Ninety One, Sanlam Investment Management and Stanlib are the largest asset managers in SA for 2022.
The Alexforbes survey showcases the performance of institutional fund managers in the country by ranking the largest and best asset managers, as well as give out other information, including their respective BBBEE ratings.
The Alexforbes Manager Watch has been tracking the retirement fund investment management industry since 1994. The survey gives a reference point to all stakeholders in the South African retirement funding industry.
According to head of investment consulting at Alexforbes, Janina Slawski, they see strong demand for black-owned and management funds in the country.
“There is a strong driver from clients asking for advisers and multi-managers to look for capabilities managed by majority black owners,”
“There is also a lot of focus on environmental, social and governance (ESG) from investment managers,”
Janina Slawski, head of investment consulting at Alexforbes
Top 20 Best Asset Managers In South Africa
According to the survey, the top 10 largest asset managers control funds with a value of R4.46 trillion, where close to R1 trillion of that amount is invested outside SA.
The Public Investment Corporation(PIC) with over R2.3 trillion in assets, wasn’t included in this survey because Alexforbes only surveys private asset managers.
The table below provides an overview of the best asset managers in the country for 2022:
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