CORONATION ASSET MANAGEMENT
The firm
As a leading active investment manager based in Cape Town, South Africa, Coronation has been growing long-term wealth for our clients for over three decades. The success of our business is founded on our clients, who entrust us to manage their assets; and our diverse team of talented employees, all of whom are committed to our core purpose of delivering superior long-term investment outperformance.
Investment approach
Coronation’s singular firm-wide investment philosophy and approach is applied across all our strategies. We are long-term, valuation-driven investors. We follow a bottom-up approach, allocating capital on a benchmark-agnostic basis to individual securities based on our assessment of long-term fair value.
Investment team
We operate as an integrated global team comprising 52 professionals across our South African Equity, Fixed Income, Global Developed and Global Emerging Markets teams. Our teams work closely together in an open-plan office environment, facilitating rigorous debates between portfolio managers and analysts. The investment team also benefits from the insights of our in-house economist and dealing and implementation team.
Strategy
Fund: Coronation Granite Hedge Fund
Inception date: 1 October 2002
Fund category: SA Fixed Income Hedge Fund
Target return: Cash +3%
Management fee: 1% (ex VAT)
Performance fee: 15% (ex VAT) of returns above cash, capped at 3%
Base currency: ZAR
Retail or qualified product: QIF
Fund: Coronation Granite Plus Hedge Fund
Inception date: 1 October 2018
Fund category: SA Fixed Income Hedge Fund
Target return: Cash +4%
Management fee: 1% (ex VAT)
Performance fee: 15% (ex VAT) of returns above cash, capped at 3%
Base currency: ZAR
Retail or qualified product: QIF
Fund: Coronation Presidio Hedge Fund
Inception date: 1 October 2005
Fund category: SA Long Short Equity Hedge Fund
Target return: Cash +7%
Management fee: 1% (ex VAT)
Performance fee: 15% (ex VAT) of returns above cash, capped at 3%
Base currency: ZAR
Retail or qualified product: QIF
Fund: Coronation Multi-Strategy Arbitrage Hedge Fund
Inception date: 1 July 2003
Fund category: SA Multi-Strategy Hedge Fund
Target return: Cash +5%
Management fee: 1% (ex VAT)
Performance fee: 15% (ex VAT) of returns above cash, capped at 3%
Base currency: ZAR
Retail or qualified product: QIF
Fund: Coronation Africa Frontiers Strategy
Inception date: 1 October 2008
Fund category: African Equity
Target return: SOFR Index +3% per annum
Base currency: USD
Retail or institutional: Institutional
Contact Info
Coronation Alternative Investment Managers (Pty) Ltd
7th Floor, MontClare Place, Cnr. Campground
and Main Roads, Claremont,
Cape Town, South Africa, 7708
Firm AUM: R676 billion (31 December 2024)
Email: cib@coronation.com
Website: www.coronation.com