Wholly owned by Spirit Invest, Orion Investment Managers (OIM), in turn, owns several investment managers operating in a number of jurisdictions.
OIM (South Africa) owns Cadiz Asset Management, Palmyra Asset Management, Capita Asset Management, Accorn Investment Management and Starfunds.ai.
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.
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.