Members

Kevin Lings

Chief Economist

Kevin joined then-Liberty Asset Management as an economic analyst in 2001. As STANLIB’s chief economist, he is responsible for domestic and global economic research and forecasts. Kevin also provides input into STANLIB’s asset allocation processes and provides relevant economic research for our Fixed Income, Property and Equity teams.

He joined Liberty Asset Management from JP Morgan Chase, where he was a member of their macroeconomic research team, providing economic research and analysis to the broader asset management industry in South Africa. Prior professional experience was built as a senior economist within the Nedcor group.

Kevin has an honours degree in economics from Wits University, specialising in international and public-sector finance. He is a widely sought-after media commentator, and has had a number of journal articles published, internationally as well as locally.

From the mid-1990s to mid-2000s, Kevin lectured economics, part-time at Wits Business School.

Henk Viljoen

Co-head of Fixed Interest

After gaining early experience in the treasury environment at Telkom and at Senbank, Henk joined the then Liberty Asset Management in 1990, and was appointed head of Fixed Income.

Henk retained this role throughout the amalgamation with Standard Corporate and Merchant Bank that formed STANLIB, and for many years led a multi-award-winning team which built an undisputed reputation as the most astute and consistently successful Bonds/Fixed Income unit in the South African industry.

In 2008, Henk handed over responsibility for the day-to-day management of all third-party, life asset and retail bond funds. He retained executive responsibility as head of Fixed Income and chairman of the Interest Rate Committee – the key macro factor forum that determines the duration positioning of STANLIB’s fixed income mandates. He now jointly manages the team with Victor Mphaphuli.

Victor Mphaphuli

Co-head of Fixed Interest

Victor is a key member of STANLIB’s multi-award-winning Fixed Interest team, which is one of the largest in South Africa. Victor is one of the top fixed income fund managers in the country and has won ABSIP Awards for fund management as well as Raging Bull Awards.

He initially joined the team as a bond dealer and later assumed added responsibility for portfolio management. He was promoted to head of Bond and Income Funds in 2008, assuming full responsibility for the daily management of these funds. In 2016 Victor was promoted to co-head of Fixed Interest which he jointly manages with Henk Viljoen.

Victor began his financial services career as a trainee foreign currency dealer with Standard Bank’s teasury division in 1996. After gaining experience as a bond market dealer with Nedbank Investment Bank, he joined STANLIB’s forerunner Liberty Asset Management in 2001.

Marius Oberholzer

Head of Absolute Return

Marius joined STANLIB in September 2013 as co-head of Absolute Return Strategies. Marius took over as head of the team in September of 2015.

Marius joined us from Sarala Capital in Cape Town, where he was a managing partner responsible for providing strategic direction for the firm. His role was focused on corporate finance solutions and spearheading the group’s unlisted investment activities.

Prior to this, between 2000 and 2012, Marius worked at TT International in London before being seconded to Hong Kong in 2004 to help establish TT International’s Asia-based operations. He focused primarily on managing TT’s Asian Hedge Fund as its portfolio manager as well as providing insights across the firms other investment offerings both on a bottom up and top-down macro basis.

Marius holds a BCom degree from Stellenbosch University and an MSc in global finance from Stern Business School at New York University and the Hong Kong University of Science and Technology.

Fazila Manjoo

Head of research, STANLIB Index Investments

Fazila specialises in the application of mathematical and statistical methods to financial and risk management problems.  She is intellectually curious with a passion for research, technology, and sustainability. She is currently studying towards a master’s philosophy degree in futures studies.

Fazila started her career in 2005 as an actuarial specialist at Alexander Forbes Financial Services, the largest actuarial and consulting firm in South Africa. Three years later she joined Old Mutual Investment Group’s Symmetry Multi-manager where she was promoted to head of Quants and Risk Management.

She joined Prescient Investment Management in 2011 as a portfolio manager, focusing on risk premia strategies, active quants, portable alpha, and enhanced indexation. She has managed equity and property funds invested in South Africa, Africa and global markets, and a sustainable equity fund on behalf of the World Wide Fund for Nature.

Derrick Msibi

Chief executive officer: Liberty Asset Management and STANLIB South Africa

Derrick is the chief executive officer of Liberty Asset Management Cluster and STANLIB South Africa. Derrick joined in May 2017 and is responsible for driving the strategy and providing leadership to the combined LibFin and STANLIB teams. He is a member of the STANLIB Board and the Liberty Group Executive Committee.

Derrick has extensive experience in the financial services sector having held executive positions at Alexander Forbes Group and Old Mutual. During his eight year tenure at Alexander Forbes Group, he was managing director of Investment Solutions and joint head of the Institutional Businesses. For over a decade, he held various executive positions at Old Mutual Group.

Derrick is a keen runner and passionate about education. With the support of his colleagues and his own contribution, he has raised R165 000 for scholarships and bursaries for students at TSIBA Education.

Derrick is a chartered accountant and has completed a master’s of commerce in accounting at the University of Cape Town.

Keillen Ndlovu

Head of Listed Property

Keillen Ndlovu manages the largest, most successful listed property fund in South Africa, he STANLIB Property Income Fund. After beginning his property career with Standard Bank Properties in 2004, Keillen transferred to STANLIB in 2005 as a listed property analyst.

After becoming a full-time fund manager in 2008, he successfully assumed increased responsibilities and fund management exposure, and was appointed head of STANLIB’s Listed Property team in 2010.

The Listed Property team has won numerous awards over the years and under his tenure has expanded its listed property offering to global property markets. Keillen is a regular commentator in the media on listed and commercial property issues.

Mark Lovett

Head of Active investments

Mark has over 30 years’ experience in the global asset management industry. Over the last 20 years Mark has played a central role, as part of senior management teams, in turning around the investment credibility of three separate asset management firms.

His previous role was chief investment officer: equities at Nordea Asset Management where he was responsible for the equities, private equity and responsible investments businesses across four countries.

He worked at Allianz Global Investors for 10 years. As deputy chief investment officer at Ignis Asset Management, Mark successfully formulated and implemented a strategy to grow the business through turning around investment performance and driving growth through new products. Mark started his career at Baring Asset Management.

Neil Robson

Head of Global Equities (Columbia Threadneedle)

Neil Robson joined Columbia Threadneedle in 2011 as a portfolio manager within the Global Equities team. He is the deputy manager of the Threadneedle Global Select Fund and manages a number of global equity, mandates for institutional clients. Before joining Columbia Threadneedle, Neil worked as a Fund Manager at companies including Martin Currie, Barings and Citibank. In addition, he was Head of Global Equity at Pioneer Investments from 2003 to 2009.

Chris Roelofse

Alternative assets portfolio manager

Chris manages STANLIB Multi-Manager’s alternative assets fund-of-funds portfolio

Over his career, Chris has fulfilled a variety of roles that relate to investment strategy and portfolio construction. He has applied this skill to the benefit of pension funds, life companies and individual investors. His involvement in the investment process has ranged from equity analysis, research and development, consulting, and portfolio management.

Chris joined STANLIB from Liberty where he was a balance sheet manager responsible for the R20 billion shareholder investment portfolio and lead various strategic capital management initiatives. During this time he initiated various alternative investments which culminated in the present portfolio that he is responsible for.

Chris serves on Liberty’s Property Investment Executive that is responsible for oversight of the R30 billion Liberty Property Portfolio, and is a Trustee on Liberty’s R35 billion Corporate Selection Umbrella Fund. His qualifications include BSc in financial mathematics, CFA, CFP and MBA (cum laude).

Joao Frasco

Chief investment officer

Joao has been the STANLIB Multi-Manager team’s chief investment officer since joining the group in February 2012.

His qualifications include a BSc in Actuarial Science and Mathematical Statistics at Wits University, he qualified as an actuary and is a member of both the South African and British Institutes. He is a CFA charterholder and holds a Certificate in Investment Performance Measurement, as well as a CAIA charterholder (Chartered Alternative Investment Analyst). He also holds a Wits Business School MBA with specialisation in investments.

Joao began his career in employee benefits consulting in 1991, before moving to the IT industry in 1996 for ten years. He gained considerable asset consulting experience with the Alexander Forbes group, where he headed up their investment research division from 2008 as well as investment consulting appointments to some of the group’s more prestigious pension fund clients.

His personal interests include investments, philosophy, science, technology and systems development. He has developed extensive investment tools for STANLIB Multi-Manager, and is an avid app developer on the App Store.

Herman van Velze

Head of Equities

Herman joined STANLIB in 1995 as a research analyst and a resource portfolio manager. Since then he has held the positions of head of Research, portfolio manager, head of Balanced Fund and he is currently the head of Equities and a member of STANLIB’s investment executive committee.

In 2007 Herman joined a private equity company as a deal originator to expand his investment skillset. He later in 2009 re-joined STANLIB as the head of Balanced funds.

He oversees a number of portfolio managers and analysts who provide company research and actively pursue investment ideas. Under his leadership, the team reviews and refines opportunities which are considered for the portfolio.

Herman holds a bachelor of engineering from the University of Pretoria and a MBL from UNISA

Anthony Katakuzinos

Chief operating officer: STANLIB Retail

Even before qualifying as a chartered accountant, Anthony had senior management experience in the audit of major unit trusts, banks and other financial institutions.

He joined Standard Bank Unit Trusts as a financial manager in 1996, and was instrumental in the development of their offshore unit trust range of retail funds. He was appointed managing director in 1999, and executive director in the newly-merged STANLIB Collective Investments in 2002.

Anthony has been an executive director of client service with STANLIB Wealth Management since 2003. He has also been actively involved at industry level on the board of the Association of Collective Investments (ACI) since 2002, and served as its chairman in 2008.

Through the ACI’s Access Committee, Anthony was closely involved in the development of the FundiSA educational savings product, a joint initiative with the national Department of Education.

Kent Grobbelaar

Global portfolio manager

Kent has been with STANLIB since 2005, and is responsible for the daily management of the group’s Multi-Manager Global Funds.

He first joined the group with Standard Corporate and Merchant Bank in 1997, and has more than a decade’s experience in managing global portfolios. Kent’s experience includes offshore management for Fidelity Investments, investment marketing management for Standard Bank Fund Managers, and the heading-up of international multi-asset allocation for the group’s foreign allowance funds.

Kent was awarded a BCom honours degree by the University of Johannesburg. He also holds the CFA Society’s Investment Management Certificate, an International Capital Markets Qualification and is a Fellow of Association of Unit Trusts.

Jonathan de la Pasture

Portfolio manager: Rest of Africa

Jonathan is responsible for the Liberty Group’s African credit business and has managed Liberty’s Africa Specialised Credit Fund since May 2014. In that time the fund has grown to approximately USD300 million. He has over 22 years of experience as a loans professional with a wealth of experience across the full spectrum of credit from corporate lending to leveraged and project finance.

Prior to joining Liberty, Jonathan was a senior member of Barclays Africa’s management team and was responsible for Barclays’ loans business across Africa. He has been based in South Africa since 2007. Jonathan started his career at UBS in London in 1993 before moving to Barclays Capital in 2000 as a director with a focus on infrastructure and project finance. He holds a first-class honours degree from City University, London.

Warren Buhai

Senior portfolio manager

Warren initially joined STANLIB in 2005 to focus on research and portfolio management in resources and commodity-related funds. In 2007, he took an opportunity to move overseas and be the managing director of investments for a US private-client business targeting opportunities in developed, emerging and frontier markets.

Warren re-joined STANLIB in 2009 where he has focused on research and portfolio management of multi-asset funds ever since, progressing to senior portfolio manager in the Multi-Asset franchise.

Prior to joining STANLIB, he spent five years gaining broad industry experience with Standard Bank’s Corporate Finance team.

Warren obtained his bachelor’s and honours degrees studying part-time while working primarily in the audit division of Ernst & Young, where he qualified as a chartered accountant. He is also a CFA charter-holder.

Robin Eagar

Head of Multi-Asset

Robin joined the STANLIB investment team in 2005 as an industrial analyst and shortly thereafter became a general equity manager in the aggressive equity space. In 2007 Robin moved to the Multi-Asset investment space where he is currently the head of the team.

He had previously spent five years working in private equity and corporate finance in London finance investing in various emerging markets and the UK.

Robin began his career in 1998 with Standard Bank’s Corporate Finance team in Johannesburg, advising on corporate re-structures, mergers and acquisitions, and public to private transactions.

Brendan Howie

Senior client fund manager: Institutional Distribution

Brendan joined STANLIB as a senior client fund manager in 2013 responsible for all Group clients. He joined us from Momentum Manager of Managers, where he was the deputy chief investment officer, having previously served as their head of Research.

His multi-disciplinary career in the industry began in 1999 with Investment Solutions’ investment team. He developed valuable experience in manager research, risk and portfolio management, before being promoted to head of Research.

He subsequently led the Large Funds team looking after Investment Solutions’ 50 largest clients, before accepting a position as head of Technical, where he was responsible for benchmarks, asset allocation, product design and fees.

Brendan qualified as a CFA charterholder while working at Investment Solutions, and also earned his Certificate in Investment Performance Management. He has a BSc honours degree in mathematics from the University of the Witwatersrand in Johannesburg.