Anchor distances itself from Clarus ‘Ponzi’ scheme
FINANCIAL services company Anchor Group moved quickly on Monday to distance itself from allegations placing asset manager Clarus Capital at the centre of a Ponzi scheme based in Mauritius.In a letter to his shareholders, Anchor Group CEO Peter Armitage said Cobus Kellermann, the alleged mastermind behind the scheme, was the controlling shareholder of Clarus Asset Management."We have managed two equity funds and a property fund on an outsourced basis, which is disclosed on the fact sheets of these funds. I believe Coronation, Efficient, Contego and Atlantic have performed similar outsourced services to ourselves," Mr Armitage said.He said allegations against Mr Kellermann related to offshore activities and there had been no accusations or inferences regarding these local investment funds, which are regulated under the auspices of the Financial Services Board."My name was listed on the Clarus website, which they did when we started managing their funds, for their marketing purposes. U...
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