COMPANIES
Wholly owned by Spirit Invest, OIM, in turn, owns several investment managers operating in a number of jurisdictions. These investment managers are Fundstore.com, Pangbourne Asset Management, Starfunds.ai Asset Management, Cadiz Asset Management, Palmyra Asset Management, Capita Asset Management and Accorn Investment Management. Fundstore.com, Pangbourne Asset Management all operate internationally as does Starfunds.ai, with the latter also operating a suite of South African regulated funds.
Cadiz, Palmyra, Capita and Accorn operate as regulated asset managers in South Africa and, in addition, Palmyra and Accorn also have regulated suites of international funds. These international funds are administered by Fundstore.com, the group’s fund administration operation.
Starfunds
This company is owned by OIM in South Africa and utilises the intellectual property of Starfunds.ai. The South African fund manager operates three Starfunds.ai CIS’s, namely: a balanced fund of funds, a property fund of funds and an equity fund of funds.
Each of the funds is focused on the South African market and in accordance with all Starfunds.ai CIS’s, each holds five regulated underlying fund investments.