Stephen Cranston Associate editor

In spite of some of the largest SA pension funds’ support, black economic empowerment managers still battle to achieve critical mass. In the private sector, institutional market trustees demand well-known names, and brands are even more critical in the unit trust market.

Though I look at managers quite regularly, I wouldn’t consider Balondolozi, Benguela or Mianzo to be top-of-mind brands. Argon is better known in the industry thanks to the flamboyance of its former boss, Mothobi Seseli, but that’s not quite enough to confer brand status. Even the more established businesses are barely known to the retail public. Taquanta is the Intel inside most of the Nedgroup fixed interest funds, but it is buried quite deep inside.

BL Premium

This article is reserved for our subscribers.

We have several subscription options to help you enjoy the best of our content every day, including exclusive Financial Times articles, Morningstar financial data and full digital access to The Wall Street Journal.

Already subscribed? Simply sign in below.



Questions or problems? Email helpdesk@businesslive.co.za or call 0860 52 52 00.