Financial Mail – 10 October 2008
Stephen Cranston
…Many BEE managers are resigned to remaining in a niche and have moved into hedge funds where asset size is less important. Two of these managers have escaped the corporate environment of RMB Asset Management, still the most centralised of the large managers. They are Rayhaan Joosub of Sentio Capital and Malungelo Zilimbola of Mazi Capital. Mazi has a strategic alliance with the secretive, but highly successul Visio Capital group run by Patrice Moyal.
Another niched hedge fund business is QT Capital run by Raphael Nkomo with a former proprietary trading team from Investec. The most high profile of this group is Asief Mohamed, who has been chief investment officer of MetAM and now runs his own boutique Aeon Global Capital.
