New MD for Metropolitan Asset Managers

Metropolitan Asset Managers today announced the appointment of Robert Walton as managing director effective from 1 July 2007. 

Robert Walton has been the managing director for Metropolitan Collective Investments (METCI) for the past seven years.  Under his leadership METCI has been a pioneer in the industry by providing collective investment services (CIS) portfolios to various top-performing niche investment managers, thereby becoming the leading provider of so-called white-label or third-party branded unit trusts in South Africa by number of funds.   METCI's assets under management amount to more than R16.7 billion, up by about 75% from 31 December 2005.  Robert has also served on the Metropolitan Asset Managers' executive committee and has a thorough understanding of the dynamics of the industry.  Prior to joining METCI, Robert spent three years as senior financial manager at Atlantis Diesel Engines as a secondment by the Industrial Development Corporation.

Robert has a CA (SA) from the University of Stellenbosch and a CIMA (UK).  He has also completed various executive management courses at Harvard Business School (USA) and Stanford (USA) as well as the Swiss IMD Executive Management course.