When we talk of a few asset managers across African countries that confidently serves the people in terms of providing good guidelines to good investments, we talk of managers like Stanlib
Stanlib is a privately owned investment manager that was established in 2002 as a merger of Liberty Capital Asset Management and Standard Corporate and Merchant Bank Asset Management which at the time were subsidiaries of Liberty Holdings and Standard Bank respectively.
Based in Johannesburg with a footprint in 7 African countries, Stanlib has a proud record of being one of the top investment managers in South Africa that offer a range of investment solutions to both individuals and corporate bodies.
The firm invests in the public equity and fixed income markets across the globe. It primarily invests in growth-oriented value stocks. It also launches and manages equity, fixed income, and balanced mutual funds for its clients.
As a merger of seven Standard Bank and Liberty Life businesses, Stanlib stands as the biggest unit trust company by market shares, managing capital for over 400,000 clients. It also runs the oldest existing unit trust in South Africa.
As of 2012, Stanlib had R528 billion in assets under management and since then, the management has grown tremendously due to the constant production innovations in South Africa and across Africa.
As at 31 December 2016, the firm has a record of over R586 billion (USD 42.7 billion) assets for over 500 000 retail and institutional clients and have a presence in nine African countries.
In June 2006, corporate reinvention transformed Stanlib with the formation of 15 investment franchises. In the same year, Stanlib’s wealth business was integrated with asset management functions. Later in 2006, a distribution and client support function was established in the UK, paving the way for the development of products targeted at international investors.
In 2007, Stanlib was acquired by Liberty Life.
Stanlib’s Core Belief
The firm has a diverse investment offering designed to deliver their investment promise to clients. It embraces diversity because the management believes it gives them a different perspective.
“We encourage individual focus to promote accountability and individual excellence. We believe diversity and individual focus, together, create sustainable growth and excellence… this is our promise to ourselves, our clients and society at large. We are passionate about investments – Our passion, your investment’s success.”
The firm is located at 17 Melrose Boulevard, Melrose Arch, Johannesburg, 2196 South Africa.
African Countries where Stanlib has its footprint include Botswana, Ghana, Kenya, Lesotho, Namibia, Swaziland and Uganda.
Key Facts You Don’t Know About Stanlib
As an Asset Management firm owned by the private investment manager, Stanlib has the following goals:
- Manages separate client-focused equity, fixed income, and balanced portfolios.
- Launches and manages equity, fixed income, and balanced mutual funds for its clients.
- Invests in growth-oriented value stocks.
- Employs a fundamental analysis and a quantitative analysis with a combination of a top-down and a bottom-up stock picking approach to create its portfolios.
- conducts in-house research to make its investments and makes private equity investments.
- It specialises in making long-term equity and equity-related investments in greenfield and brownfield infrastructure projects in renewable energy sector within the private sector.
- It seeks to invest in sub-Saharan Africa region with a particular focus on South Africa.
- It has a limit of 30% of total commitments to be invested outside of South Africa but prefers to take significant minority equity stakes.
Not only is Stanlib committed to asset investments, it’s also committed to supporting quality education. Through the Stanlib Bursary Sponsorship Programme, Students who are academically outstanding but financially incapacitated are sponsored to study at any public university in South Africa.
The bursary programme allows for students studying towards a degree for the following qualifications to apply for funding:
- Actuarial Sciences
- Investment Management
Requirements for Undergraduate degree (1st, 2nd and 3rd year) and Post-graduate degree (Honours level) include:
- The applicant must be a South African citizen with a valid South African ID book or smart ID card;
- The applicant must send a certified ID copy;
- Send through certified ID copies of parent(s)/guardian(s). If parents are deceased a certified copy of the death certificate(s);
- Salary Advice (payslip) of parent(s)/guardian(s);
- If an applicant is in matric, they must send a copy of their June report card but the final decision about whether funding will be given will be based on the final year-end results;
- The applicant must have achieved an average of 70% in their courses or subjects, as applicable;
- The applicant must have studied mathematics, not mathematics literacy;
- If the applicant is already in University they must provide their academic transcript.