The local asset management industry has experienced a growing number of emigrations and retirements recently and clients are understandably concerned about who will be managing their hard-earned savings in the future. In my opinion, the war for talent will likely accelerate in the years ahead and thus the ability to attract and retain talented investment professionals will be a real competitive advantage.
Ninety-One is in a fortunate position, being a globally integrated business, which provides its staff with global career development opportunities without the need to emigrate where that emigration is based purely on a lack of local career development opportunities.
Clyde Rossouw, who co-heads our Quality capability, is resident in Cape Town, yet manages a market-leading global equity fund, the Ninety One Global Franchise Fund. Similarly, Charlie Dutton successfully manages Asian equities from Cape Town, having spent much of his life to date in London and Singapore.
Their uncommon perspectives and experience are prized by colleagues. A vastly enriched work environment is the result, including for those just starting in their careers, who would otherwise have to wait years for such exposure. Most importantly, the overall quality of investment debate and decision-making is improved, which ultimately benefits clients.
People – our biggest asset
This story is from the 10 September 2020 edition of Finweek English.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
Already a subscriber ? Sign In
This story is from the 10 September 2020 edition of Finweek English.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
Already a subscriber? Sign In
The effect of Gilbertson's departure
With Ntsimbintle Holdings now the major shareholder of Jupiter Mines, it could change SA’s manganese industry.
Big city living exodus
Mini cities like Waterfall City and Steyn City are redefining city-style apartment living.
Big compact, big value
Handsome, with a hefty level of standard specification, the roomy Haval Jolion compact crossover is a great value proposition.
Africa's largest data centre facility coming soon
Vantage Data Centers plans to invest over R15bn for its first African data centre facility in Attacq’s Waterfall City.
How do I protect the value of my investments against inflation?
It is not easy to find the right balance, but a portfolio should be well-diversified and structured to the environment.
Expectation versus reality
Consider the potential outcomes when buying stocks.
Don't panic, but be cautious
The current energy crisis unfolding in the UK is an example of slow-motion market action. Will it resolve itself?
Don't outlive your money
Make the right choices in retirement by keeping a keen interest in your post-retirement investments.
Rebuilding from the unrest
South Africa is exposed to an enormous economic security risk by concentrating most of its trade in KwaZulu-Natal, and the Eastern Cape offers an opportunity to deconcentrate trade.
The lure of retiring abroad
Dreaming of retiring in an exotic destination? Here’s what you need to know.