Dibanisa Fund Managers is one of the largest tracker investment houses in Africa and specialises in equity and bond index tracking solutions.
We target clients that require a "core" fund manager to complement their more actively managed satellite portfolios. Our strong client base includes parastatal, private sector, multi-management institutions and individual investors.
Black economic empowerment (BEE) has always been a significant contributor to our core values. Since our launch, we have exhibited an exemplary BEE track record:
While autonomous and entrepreneurial, as a boutique within the Old Mutual Investment Group (SA) (OMIGSA) we are able to leverage off their extensive shared services.
In April 2001, Old Mutual Investment Group SA (OMIGSA) purchased a 20% stake in Dibanisa Fund Managers (then known as Umbono Fund Managers), injecting start-up working capital. In December 2001, Old Mutual injected a further R2 billion of Tracker Fund assets. As per the original shareholders agreement, by September 2006 OMIGSA had exercised their rights to increase their stake in Dibanisa Fund Managers to 30% (via two 5% tranches) - providing further working capital.
The next chapter of this successful partnership was concluded in December 2006 when OMIGSA purchased a further 36.6% stake in Dibanisa Fund Managers, taking their overall stake to 66.7%. The black-owned parent company, One Stone Capital (previously Umbono Capital), maintains a 33.3% stake in the business.
Read about the Old Mutual RAFI® 40 Tracker Fund coming of age & the expansion of our offshore tracking capabilities.
Tracker management can be defined as low cost market exposure achieved via efficient, technology-orientated tracker building blocks.
In order to provide more clarity on tracker management, we have provided access to research on topics such such as, 'Active Passive Blending'.
Central to our investment philosophy is our dedication to, and extensive experience in creating cutting-edge, customised tracker solutions for our clients.