Manager Research
We provide detailed institutional-quality global investment manager research and fund ratings. Based in South Africa and the UK,
all members of our manager research team have over ten years of investment experience.
all members of our manager research team have over ten years of investment experience.
Fund Manager: Sesfikile Capital
Date: November 2017
Attendees: Evan Jankelowitz, Kundayi Munzara
| Funds Reviewed | Old Rating | New Rating |
| Sesfikile BCI Property Fund | Tier 1 | Tier 1 |
We have reviewed the rating on the Sesfikile BCI Property Fund and decided to retain the Tier 1 rating.
The Royal Investment Managers deal (RIM bought 25% stake in the business, see our note on the deal here) concluded in 2016 appears to be paying off for Sesfikile, with the minority shareholder providing significant business & operational support. One of our concerns before was around the operational capacity of the business, so we see the added support as a positive for the growing business. Sesfikile will also be expanding the team, with a new analyst starting in February 2018 and another expected hire later in the year.
Sesfikile Fund Reviewed
13 Dec 2017