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History

Earning and maintaining our clients' trust, year after year, has resulted in building a rich history of integrity and delivery. Founded in 1993 by a small group of investment professionals, our unique focus on fund management and delivery of exceptional service has always placed clients firmly at the centre of everything that we do. Having started from the ground up, we never lose sight of the fact that the assets that we manage are those of our clients.

Below is a snapshot of events that have combined to make Coronation the company that it is today.

1993

    • Founded with 18 staff.

1994

    • AUM exceed R3 billion for the financial year

    • First democratic elections in South Africa

1995

    • AUM more than double to exceed R7 billion for the financial year
    • Appointed to manage first large institutional client in Swaziland

1996

    • Unit trust company formed
    • Launch of international fund of funds business

1997

    • AUM exceed R20 billion for the financial year
    • Formation of Namibia Asset Management
    • Launch of first retail international fund of hedge funds in SA

1998

    • Dublin office established

1999

    • First to introduce absolute funds to the SA market
    • London office established
    • Revolutionised industry through offering of pooled products

2000

    • AUM of R44 billion for the financial year
    • Runner-up Raging Bull Unit Trust Company of the Year

2001

    • Rated Best Unit Trust Provider in PwC Survey of SA Bankers
    • Top 10 rating in Deloitte 'Best companies to work for' survey
    • Runner-up Raging Bull Unit Trust Company of the Year

2002

    • Launch of Kagiso Asset Management
    • Raging Bull Unit Trust Company of the Year
    • Named 2nd Best Larger Unit Trust Group over 1 and 3 years – Financial Mail/Standard & Poor’s Awards

2003

    • Publicly listed on the Johannesburg Stock Exchange
    • Runner-up Raging Bull Unit Trust Company of the Year
    • Best Larger Unit Trust Group over 1 year – Financial Mail/Standard & Poor’s Awards
    • First SA asset manager to gain GIPS compliance
    • Rated Best Unit Trust Provider in PwC Survey of SA Bankers

2004

    • AUM of R64 billion for the financial year
    • Raging Bull Unit Trust Company of the Year

2005

    • Launched a range of retail retirement products
    • Raging Bull Unit Trust Company of the Year
    • Formation of the Imvula Trust, our B-BBEE partner
    • Closure of Absolute unit to new institutional investors

2006

    • AUM exceed R100 billion for the financial year 
    • Symmetry Hedge Fund Award for Coronation Granite Fixed Income

2007

    • Signatory to the United Nations' Principles for Responsible Investment (UN PRI)
    • Launch of Coronation Global Emerging Markets unit trust fund
    • Launch of Africa unit

2008

    • AUM of R125 billion for the financial year
    • Launch of two Africa portfolios

2009

    • Re-opened Absolute unit to new institutional investors
    • Total staff of 181
    • Rated Level 4: Generic Codes on B-BBEE

2010

    • AUM exceed R200 billion for the financial year
    • Best Africa Fund Manager - Africa Investor Index Series Awards
    • POA Imbasa Yegolide Awards:
      • Overall Investment/Asset Manager of the Year
      • Equities Manager of the Year
    • Rated Level 4: Generic Codes on B-BBEE

2011

    • Best Large Fund House – 2011 Morningstar South Africa Awards.
    • Africa Fund Manager Performance Award for Coronation Top 20 South Africa (Best South Africa Equity Fund of the Year)
    • POA Imbasa Yegolide Award:
      • Equities Manager of the Year
    • Rated Level 4: Generic Codes on B-BBEE

2012

    • Rated Best Large Fund House – 2012 Morningstar South Africa Awards
    • Best Africa Fund Manager – Africa investor Index Series Awards
    • 3rd Best Performing Company over 5 years – Sunday Times Top 100 Companies
    • Runner-up – Financial Mail Top Companies 2012
    • POA Imbasa Yegolide Awards:
      • Overall Investment/Asset Manager of the Year
      • Equities Manager of the Year
      • Absolute Returns Manager of the Year
      • Bond Manager of the Year
    • Closure of SA Equity and SA multi asset class product range to new institutional investors
    • Total staff of 218 
    • Rated Level 3: Generic Codes on B-BBEE

2013

    • Rated Best Large Fund House – 2013 Morningstar South Africa Awards
    • Top Performing Company over 5 years – Sunday Times Top 100 Companies.
    • Best Domestic Management Company of 2012 (awarded in 2013) – Raging Bull Awards
    • Overall winner – Financial Mail Top Companies 2013
    • POA Imbasa Yegolide Awards:
      • Equities Manager of the Year
      • Balanced Manager of the Year
    • Africa Asset Management (formerly Africa Fund Manager) Performance Awards:
      • Coronation Multi-Strategy Arbitrage (Best Multi-Strategy Hedge Fund of the Year)
      • Coronation Houseview Equity (Best South Africa Equity Fund of the Year)
      • Coronation Presidio (Best Equity Hedge Fund of the Year)
      • Coronation Global Houseview (Best South Africa Balanced Fund of the Year)
      • Coronation Strategic Bond (Best South Africa Fixed Income Fund of the Year)
    • Rated Level 3: Generic Codes on B-BBEE

2014

    • AUM of R588 billion for the financial year
    • Rated Best Large Fund House – 2014 Morningstar South Africa Awards
    • Overall winner – Financial Mail Top Companies 2014
    • Top Performing Company over 5 years – Sunday Times Top 100 Companies
    • Best Domestic Management Company of 2013 (awarded in 2014) – Raging Bull Awards
    • Emerging Market Equity Manager of the Year
    • Rising Star of Asset Management Award
    • Total staff complement of 274
    • Rated Level 3: Financial Sector Code 

2015

    • Best South African Management Company of 2014 (awarded in 2015) - Raging Bull Awards
    • Rated Best Large Fund House – 2015 Morningstar South Africa Awards
    • Batseta Imbasa Yegolide Awards:
      • Equities Manager of the Year
      • Global Manager of the Year
    • Overall winner – Financial Mail Top Companies 2015

2016

    • Runner-up South African Management Company of 2015 (awarded in 2016) - Raging Bull Awards
    • Runner-up Best Large Fund House – 2016 Morningstar South Africa Awards
    • Best Africa Fund Manager – 2016 Ai Capital Markets and Index Series Awards

2017

    • Best Africa Fund Manager – 2017 Ai Capital Markets and Index Series Awards

2018

    • Best Africa Fund Manager – 2018 Africa investor (Ai) Institutional Investment and Capital Market Awards

2019

    • Invested R10m in SA SME Fund
    • Joined Climate Action 100+

2020

      • Donated R13m in Covid-19 relief funding
      • Morningstar award: Optimum Growth – Best Flexible Allocation Fund
      • Adopted Task Force on Climate-related Financial Disclosures framework

2021

    • Emerging Market Manager of the Year – European Pensions Awards
    • Achieved Level 1 B-BBEE contributor status

2022

    • 1st in Accenture’s Gender Mainstreaming Awards
    • 1st in the International Corporate Governance Network’s annual Global Stewardship Disclosure Awards <£60bn)
    • Bronze Loerie

2023

    • Celebrated Coronation’s 30th birthday
    • Accenture Gender Mainstreaming Awards: Gender-reporting by JSE-listed Companies 
    • UN-established Women’s Empowerment Principles Awards for Transparency and Reporting
    • Irish Pensions Diversity Awards
    • UN Women Empowerment Principles Awards – Transparency and Reporting
    • Association of Black Securities & Investment Professionals Awards – Best Black Fund Manager in two categories
    • 100 Women in Finance EMEA Diversity, Equity and Inclusion

 

All of the rankings/awards listed above and bestowed upon Coronation were based on third-party ratings alone, judged on an independent basis, without Coronation having had any input into the selection criteria or the judges' decisions. In the case of each ranking/award the criteria used by the third-party is available upon request.