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ASSET MANAGEMENT. Growth returns.
(From Financial Mail)
Byline: Andrew McNulty
ASSET MANAGEMENT Growth returns Frank Cadiz Cadiz's acquisition of African Harvest Fund Managers in November has transformed the group's asset management operations in both size and breadth.
Previously, it ran a specialised business, Cadiz Specialised Asset Management (CSAM), operating in the absolute return sector and offering hedge funds, inflation-plus and protected investments.
With the acquisition, assets under management have grown from R17bn to R49bn, placing the new company, Cadiz African Harvest Asset Managers (CAHAM), among SA's top 10 asset managers by size.
The value …
