IN A bid to emulate the success Rand Merchant Investments (RMI) achieved in backing financial services entrepreneurs like Adrian Gore at Discovery and Willem Roos of Outsurance, the group has made a bold entry into the asset management industry.As any good asset manager would, the investment group is diversifying its portfolio by looking for equity stakes in a range of boutique outfits rather than jumping all in with one or two big investments.Headed by Chris Meyer, who successfully led RMB Morgan Stanley for nearly a decade, RMI Investment Managers (RMI IM) is plotting an audacious path smoothed over by a sizeable initial war chest to execute its strategy and through RMI’s reputation in the financial services industry of being a good partner for entrepreneurs."Success would be defined in two ways. First, we want to develop a reputation in the market as the go-to shareholder for asset managers if they want a strategic investor in their business. We want to live the RMI ethos in asse...
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