Investment offering
Equities
Equities
Fixed income
Fixed income
Multi-asset class
Multi-asset class
Our multi-asset class portfolios combine our top-down asset allocation approach and our bottom-up instrument specific skill to construct a diversified portfolio. This capability is available as a South African-only domestic multi-asset class offering or as global multi-asset class solution, incorporating both South African and global asset classes (and subject to Regulation 28 of the South African Pension Funds Act).
Fund overview
Perpetua’s equity strategies are based on bottom-up fundamental research, while calibrating risk at both a stock and portfolio level. Equity portfolios invest in stocks which offer value and includes those companies that can compound returns and those that can improve returns over time. Our investment team has deep cumulative expertise and our international focus, while being based in South Africa, enables us to bring a unique perspective to both domestic and global equity investing.
Portfolio managers

Delphine Govender

Lonwabo Maqubela

Patrick Ntshalintshali
Portfolio Manager

Graeme Ronne
Portfolio Manager
Our edge
We see investing as an act of stewardship which is supported through our owner-manager mindset and culture.
As investors in our own funds and firm, we are directly aligned to the interests of our clients.
We innately exhibit and protect a set of behaviours as investors which enables us to stay true to our investment approach.
Our diverse team reflects a wide scope of experience and skill and our strong mentoring culture ensures we invest to develop the next generation.
Fund overview
Our approach to fixed income investing is rooted in a commitment to delivering consistent risk-adjusted returns while preserving capital. Our fixed income process incorporates an overall macro-economic lens, narrowing in on fixed income, thereby combining a fundamental approach with tactical positioning. The capability is available within a domestic and global balanced fund context and as stand-alone strategies (enhanced cash, bonds and flexible fixed income).
Portfolio managers

Portfolio Manager

Delphine Govender
Portfolio Manager
Our edge
We see investing as an act of stewardship which is supported through our owner-manager mindset and culture.
As investors in our own funds and firm, we are directly aligned to the interests of our clients.
We innately exhibit and protect a set of behaviours as investors which enables us to stay true to our investment approach.
Our diverse team reflects a wide scope of experience and skill and our strong mentoring culture ensures we invest to develop the next generation.
Fund overview
Perpetua provides multi-asset class solutions designed to help clients achieve their long-term real return goals, by investing across diverse asset classes with a clear risk management lens. We utilise a combination of our robust asset allocation framework with our deep bottom-up asset class specific expertise to deliver a range of domestic and global solutions for clients with varying risk tolerance ranges.
Portfolio managers

Delphine Govender

Lonwabo Maqubela

Patrick Ntshalintshali
Portfolio Manager

Graeme Ronne
Portfolio Manager

Portfolio Manager
Our edge
We see investing as an act of stewardship which is supported through our owner-manager mindset and culture.
As investors in our own funds and firm, we are directly aligned to the interests of our clients.
We innately exhibit and protect a set of behaviours as investors which enables us to stay true to our investment approach.
Our diverse team reflects a wide scope of experience and skill and our strong mentoring culture ensures we invest to develop the next generation.
Latest news
Perpetua Investment Managers | Multi Asset Class Outlook 2025
Healing sentiment: investing in South Africa’s hospital sector
Investment opportunities in the “Las Vegas of the East” – Macau
Mastering insightful investing
Perpetua is independent, owner-managed investment management firm. We strive for excellence in performance, conduct and engagement and operate out of a purpose-driven culture.
We consistently employ a long-term investment approach that is thoughtful, rigorous and that doesn’t follow the crowd.