Our current affiliate portfolio includes 10 investment managers with combined assets under management in excess of 75 billion. Together with Royal Bafokeng Holdings (RBH), we established Royal Investment Managers (Royal) in 2016. Royal is creating an affiliate model focusing on acquiring asset management entities that require an empowerment partner with a strong knowledge of the asset management sector.
* Note: Size of bubble represents estimated revenue pool in each category for SA asset management industry