{"id":598658,"date":"2022-06-21T12:02:44","date_gmt":"2022-06-21T10:02:44","guid":{"rendered":"https:\/\/businesstech.co.za\/news\/?p=598658"},"modified":"2022-06-21T12:02:44","modified_gmt":"2022-06-21T10:02:44","slug":"business-talk-10x-investments-ceo-tobie-van-heerden-on-the-acquisition-of-coreshares","status":"publish","type":"post","link":"https:\/\/businesstech.co.za\/news\/banking\/598658\/business-talk-10x-investments-ceo-tobie-van-heerden-on-the-acquisition-of-coreshares\/","title":{"rendered":"Business Talk &#8211; 10X Investments CEO Tobie van Heerden on the acquisition of CoreShares"},"content":{"rendered":"<p><span dir=\"ltr\" role=\"presentation\">Tobie van Heerden is the chief executive officer at 10X Investments \u2013 a top South African <\/span><span dir=\"ltr\" role=\"presentation\">financial services company that focuses on providing low fees and effortless investing.<\/span><\/p>\n<p><span dir=\"ltr\" role=\"presentation\">Van Heerden moved back to South Africa to join 10X as its CEO after spending <\/span><span dir=\"ltr\" role=\"presentation\">10 years in Asia running the Middle East and South East Asia businesses for <\/span><span dir=\"ltr\" role=\"presentation\">Ninety One.<\/span><\/p>\n<p><span dir=\"ltr\" role=\"presentation\">He is a qualified actuary and also has a Leadership Excellence through <\/span><span dir=\"ltr\" role=\"presentation\">Awareness and Practice qualification from global leadership school INSEAD.<\/span><\/p>\n<p><span dir=\"ltr\" role=\"presentation\">He is focused on applying his skills and experience gained overseas to help 10X\u00a0 <\/span><span dir=\"ltr\" role=\"presentation\">make wealth creation accessible and attainable for South Africans.<\/span><\/p>\n<p><span dir=\"ltr\" role=\"presentation\">In this episode of Business Talk Leading with Tech, van Heerden discusses the recent <\/span><span dir=\"ltr\" role=\"presentation\">agreement to acquire CoreShares in a merger that will create an independent, <\/span><span dir=\"ltr\" role=\"presentation\">full-service asset manager with more than R31 billion in assets under <\/span><span dir=\"ltr\" role=\"presentation\">management.<\/span><\/p>\n<p><span dir=\"ltr\" role=\"presentation\">He explains that the companies share strong similarities in terms of their <\/span><span dir=\"ltr\" role=\"presentation\">cultures, making the merger a great fit. <\/span><span dir=\"ltr\" role=\"presentation\">He also expands on what each entity will bring to the table and how this will <\/span><span dir=\"ltr\" role=\"presentation\">ultimately allow 10X Investments to become a true full-service asset <\/span><span dir=\"ltr\" role=\"presentation\">management provider.<\/span><\/p>\n<p><span dir=\"ltr\" role=\"presentation\">Van Heerden also touches on pertinent industry topics \u2013 such as the <\/span><span dir=\"ltr\" role=\"presentation\">differences between active and passive investing, as well as the proposed two-<\/span><span dir=\"ltr\" role=\"presentation\">pot system that would allow South Africans to access a portion of their <\/span><span dir=\"ltr\" role=\"presentation\">retirement savings.<\/span><\/p>\n<p><span dir=\"ltr\" role=\"presentation\">The chief executive also talks about the differences between trading and investing and <\/span><span dir=\"ltr\" role=\"presentation\">concludes by explaining the importance of educating South Africans about <\/span><span dir=\"ltr\" role=\"presentation\">investing.<\/span><\/p>\n<p>The full interview with <span dir=\"ltr\" role=\"presentation\">Tobie van Heerden<\/span> can be watched below.<\/p>\n<p><iframe loading=\"lazy\" title=\"YouTube video player\" src=\"https:\/\/www.youtube.com\/embed\/xjnTKqqsDd0\" width=\"640\" height=\"370\" frameborder=\"0\" allowfullscreen=\"allowfullscreen\"><span style=\"display: inline-block; width: 0px; overflow: hidden; line-height: 0;\" data-mce-type=\"bookmark\" class=\"mce_SELRES_start\">\ufeff<\/span><\/iframe><\/p>\n<p>&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>10X Investments boss Tobie van Heerden discusses the recent agreement to acquire CoreShares in a merger that will create an independent, full-service asset manager with more than R31 billion in assets under management.<\/p>\n","protected":false},"author":10,"featured_media":598662,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[961],"tags":[11953,15508,16904,26],"class_list":["post-598658","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-banking","tag-10x-investments","tag-businesstalk","tag-coreshares","tag-headline"],"_links":{"self":[{"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts\/598658","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/users\/10"}],"replies":[{"embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/comments?post=598658"}],"version-history":[{"count":5,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts\/598658\/revisions"}],"predecessor-version":[{"id":598782,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts\/598658\/revisions\/598782"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/media\/598662"}],"wp:attachment":[{"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/media?parent=598658"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/categories?post=598658"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/tags?post=598658"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}