Diversity
is our
Strength

Who we are

A wholly owned subsidiary of Spirit Invest, Orion Investment Managers (OIM) is the owner of six unique boutique asset managers in South Africa who work with a select group of research partners.

Companies

OIM owns the following regulated asset managers in South Africa:

Accorn Investment Management, Cadiz Asset Management, Capita Asset Management, Investin Asset Management, Palmyra Asset Management and Starfunds.ai who manage a range of investment portfolios, collective investment schemes (unit trusts) and model portfolios, each of which can be viewed on their respective websites.

Accorn manages a range of collective investment schemes, model portfolios, Personal Share Portfolios and High Income Cash Accounts. These funds are available to wealth managers within the OIM group as well as external financial advisors.

Cadiz is a fund manager that specialises in Fixed Income investments for both the retail and institutional market.

It provides a range of funds spanning the full fixed income investment universe.

Capita manages a suite of funds to meet client needs across asset classes and risk spectrums, from equity to multi-asset funds.

Investin oversees a diverse range of investment funds designed to meet client objectives across various asset classes and risk levels, spanning from equity to multi‑asset funds.

Palmyra's objective is to grow all assets allocated to the team in real, inflation-beating terms over the long-term and to ensure protection from permanent capital loss.

Starfunds.ai is a unique, rule-based, quantitative manager that uses a proprietary fund selection algorithm.

Why boutique asset managers?

OIM’s boutique asset managers offer several key advantages, primarily centred on their agility, specialised expertise and strong alignment of interests with clients, with the objective of achieving better long-term performance.

Our key advantages include:

Potential for Outperformance

Boutique managers have the ability to outperform their benchmarks over extended periods, particularly in active strategies where their skill and focus can generate "alpha" (returns above a benchmark).

Agility and Nimbleness

Boutique asset managers are able to react quickly to market shifts and seize opportunities or exit positions. This flexibility allows them to exploit market opportunities timeously.

Specialisation and Deep Expertise

Our boutique asset managers manage a range of fixed income, multi-asset and equity strategies, allowing them to develop deep, in-house expertise and high-conviction portfolios.

Access to a Wider Opportunity Set

Boutique asset managers are able to invest in smaller companies or less liquid market segments. This gives them access to a broader universe of investments, potentially uncovering overlooked opportunities.

Market and Investment Communication

Our boutique asset managers provide regular, in-depth market and investment commentary to both our clients and financial advisors.

Investment-Centric Culture

Our boutique asset managers’ culture is driven by a passion for investing. Non-core functions are outsourced, allowing the team to focus primarily on investment management.

What is the OIM offering?

Modern day investment clients’ requirements differ greatly. To meet these exacting needs, our asset managers have complementary styles, philosophies, methodologies and expertise to cater for a wide range of requirements.

These investment styles include fundamental, quantitative and alternative strategies. The OIM team blends these styles when creating bespoke investment solutions for our clients.

OIM has established a network of local and international research partners providing local and global research, ranging from global and macro-economics, to country and sector specific knowledge and skills.

Spirit Invest Articles & News

Spirit Invest companies such as, Orion Investment Managers, as well as the Spirit Foundation distribute a portfolio of high quality publications. Examples of these can be viewed below.