Perpetua Quarter 2 2017 Commentary Report
By Perpetua Investment Managers
Assets under management at R9,5 billion as at 30 June 2017 and significant new appointments
As Perpetua closes in on its fifth year of operation, the firm has evolved methodically from a start-up investment firm in 2012, to a fully-fledged business with R9,5 billion in assets under management and a staff complement of 22.
Perpetua has seen significant growth in assets under management in 2017. The growth in AUM has been the result on new client mandates, additional flows from existing clients and market movements. Some of the flows has been the result of us graduating out of the incubation programmes of the clients that had assets invested with us close to inception. Perpetua has graduated into the mainstream managers for two such clients. This graduation was a vote of confidence, particularly in Perpetua’s continued investment in human capital, business infrastructure and its brand. Perpetua has identified our multi-asset class, global and alternative investment offerings as growth areas in the business and we needed to continue our investment in additional resources in these areas.
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