Peter Armitage, CEO, Anchor
By: Peter Armitage, CEO, Anchor.
Asset management is a fascinating game with over 200 companies positioning themselves to attract the hard-earned investments of South Africans. Advertising agencies are kept busy, generally briefed to create images of trustworthiness and wisdom. Hundreds of millions of rand are spent conveying these to the SA public. The bulk of the new assets invested in South Africa find their way to the oldest, most-established asset managers, who you see daily on billboards. This is just rewards for years of toil and performance. But, as this trend continues, and the big get bigger, so the new generation grows, in the form of what we call a boutique asset manager. (more…)
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