Sanlam Investment Management Appointments

In addition to the announcement made earlier this week about the appointment of a new head of retail, Candice Paine, Sanlam Investment Management (SIM), the asset manager in the Sanlam Group with R250 billion under management, would like to announce the resignation of Johan de Bruijn, head of the small and mid cap sector. Having joined SIM in 2004 he will be leaving the company in May 2009 to join an emerging markets asset management firm based in Washington.

Clearly, this is an accolade for him and testament to SIM’s commitment to employing some of the best investment professionals in the industry. We are extremely proud that SIM is housing and developing such talent and wish Johan the best for his new endeavour.

Patrice Rassou, a senior portfolio manager at SIM, will take over the growth fund and Ricco Friedrich, head of value managed shares, who has been with the company for over five years, will look after the small caps fund. Friedrich previously held the position of head of Small Caps and during his reign, the Sanlam Small Cap fund was ranked the best fund in its category over one, three and five years.

SIM has also recently appointed Charl de Villiers into the small cap area. With three years experience as an investment analyst in the mid to small caps arena, the SIM team believes he is a valuable addition to the team and compliments the existing skills in the Small Caps Team very well. Charl holds an MBA from the University of Cape Town and worked at the Aylett Investment Company as an analyst. He has completed his three CFA levels and qualified in 2008. SIM hopes to continue searching for the best investment professionals in the industry and aims to bolster their small cap team further, starting another recruitment drive in the New Year.

Sincerely,

Armien Tyer
Managing Director: Sanlam Investment Management