Boutiques pull investor interest
Even though we live in a small economy, SA’s investors have a bafflingly large choice of asset managers wanting to manage our money.
I knew there was an extensive list of more than 40 black-owned asset managers. But according to a study just released by RMI Investment Managers, there are now 126 independent boutique managers running R2.4-trillion of assets. And this excludes all the asset managers attached to banks and life insurers.
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