Business Talk – INN8’s Michael Summerton reveals the most exciting opportunities in the South African investment space

 ·30 Oct 2024

In this Business Talk with Michael Avery interview, Michael Summerton discusses the key trends in the South African investment sector – including ESG and modern working.

Michael Summerton is the Head of Investment Platform at INN8 – and is a guiding force in the development of both the investment platform and the INN8 brand since it launched in 2018.

Before joining the INN8 team, Summerton gained extensive experience in the in multiple roles.

He participated in the EY global exchange programme, where he worked for the company in New York.

He then returned to South Africa and worked for nearly a decade with a large asset management company – first as a finance manager, and later in the client services and product development divisions.

Summerton moved to INN8 because he saw an exciting opportunity to build something substantial from scratch – and has found his journey at INN8 to be an excellent learning experience.

He prides himself on having a sensible, intentional, and analytical view of the financial services industry, and leverages this to deliver on INN8’s promise to improve the way investments take place.

The interview

In this Business Talk interview, Summerton discusses how South African investor behaviours have changed due to modern workplace trends, and how investment platforms like INN8 actively support these trends.

Summerton then reveals the big opportunities in ESG investing, before detailing how fee structures in the South African asset management industry have been compressed. He also discusses the reasons behind this.

Summerton explains how new players in the South African DFM industry have impacted the sector, too, before discussing which regulatory frameworks must be changed to improve the industry.

He concludes the interview by unpacking what INN8 offers and why it is the best choice in a sea of local DFM providers.

Watch the full interview with Michael Summerton below.

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