Umbono Fund Managers (Pty) Ltd (Sandton)

Umbono Fund Managers (Pty) Ltd is a large advisory firm based in Sandton. It manages $3.58 billion of regulatory assets for 33 client accounts. It has been registered with the SEC as an adviser since 2009.

Umbono Fund Managers (Pty) provides portfolio management for individuals and small businesses and portfolio management for pooled investment vehicles. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.

Umbono Fund Managers (Pty): assets under management

The assets under management (AUM) of Umbono Fund Managers (Pty) Ltd is $3.58 billion, all of which is managed in discretionary accounts. The company doesn't manage any assets belonging to foreign clients.

The firm manages $3.58 billion in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $108.54 million each.

Fees & Commissions

The advisory firm has a single stream of revenue. Clients pay Umbono Fund Managers (Pty) Ltd for their services and products based on a percentage of assets under management. Compensation based on assets under management promotes a long-term relationship between a client and the adviser and helps align mutual interests. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.

Careers at Umbono Fund Managers (Pty) Ltd

William Loftie Botha has served as the Chief Investment Officer since 1 May 2006 and Betserai Tendai Musikavanhu is the Chief Executive Officer of Umbono Fund Managers (Pty) Ltd family office. Peter Aston Levett joined the executive team most recently as the Chief Operations Officer.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Uc Capital (Pty) Ltd	Shareholder	1 Dec 2000	25% - 50%	foreign
Betserai Tendai Musikavanhu	Chief executive officer	1 Dec 2000	Other	5620020
Old Mutual Investment Group (South Africa) (Pty) Ltd	Shareholder	1 Apr 2001	50% - 75%	foreign
Craig Michael Chambers	Deputy managing director	1 Aug 2001	Other	5620033
William Loftie Botha	Chief investment officer	1 May 2006	Other	5620032
Christopher Potgieter	Chief financial officer	1 Dec 2006	Other	5620021
Rian Stefanus Strydom	Chief legal officer	1 Dec 2006	Other	5620030
Betserai Tendai Musikavanhu	Chief compliance officer	1 Dec 2008	Other	5620020
Peter Aston Levett	Chief operations officer	1 Jan 2009	Other	2651254

Indirect Owners

The SEC currently registers 6 indirect owners.

Name	Entity	Date acquired	Ownership	Employer ID
Old Mutual (Netherlands) Bv	Shareholder	1 May 1999	75% - 100%	foreign
Om Group (Uk) Limited	Shareholder	1 May 1999	75% - 100%	foreign
Old Mutual Plc	Shareholder	1 May 1999	75% - 100%	foreign
Musikavanhu Investment Trust	Shareholder	1 Nov 2002	25% - 50%	foreign
Betserai Tendai Musikavanhu	Trustee	1 Nov 2002	Other	5620020
Old Mutual (South Africa) Limited	Shareholder	1 Sep 2005	75% - 100%	foreign

Based in Sandton

The principal office where Umbono Fund Managers (Pty) Ltd performs its advisory services is located at 144 Katherine Street, Sandton, 2196 The mailing address of the firm is P.O. Box 782574, Sandton, 2196. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number +27 11 562-6000 or by fax +27 11 262-6331. The normal business hours are 9am-5pm on Monday - Friday.