Top 5 equity funds for South Africa’s ultra-rich
·28 May 2016
New data released by New World Wealth shows the top rated brokers and funds for South Africa’s super-rich residents.
Results are based on a recent New World Wealth survey which focused on the preferences of the country’s high net worth individuals (HNWIs) who are dollar millionaires.
Brokers are considered to be the best route of getting to wealthy people in South Africa, NWW said.
Therefore any fund manager, wealth manager or private bank needs to build strong relationships with individual brokers in order to get exposure.
Criteria for ratings:
- Performance
- Reputation
- Appeal to HNWIs
- Client service.
South Africa: Top rated brokers for the super-rich, 2016
| Rank | Broker | Base |
|---|---|---|
| 1 | Alexander Forbes | Johannesburg |
| 2 | Investec | Johannesburg |
| 3 | Old Mutual | Cape Town |
| 4 | Liberty Life | Johannesburg |
| 5 | PSG | Cape Town |
South Africa: Top rated equity funds for the super-rich, 2016
| Rank | Fund | Base |
|---|---|---|
| 1 | Allan Gray | Cape Town |
| 2 | Foord | Cape Town |
| 3 | Coronation | Cape Town |
| 4 | Prudential | Cape Town |
| 5 | PSG | Cape Town |
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