STANLIB assures continuity at successful property franchise

14 February 2008 Stanlib

Continuity and seamless succession have been assured at STANLIB’s highly successful property franchise with the appointment of Keillen Ndlovu and Evan Jankelowitz as co-heads of the franchise.

They succeed Mariette Warner who leaves STANLIB at the end of March to pursue interests in the physical property sector. The STANLIB Property Franchise focuses on unit trust products that are entirely or predominantly based on domestic equities from the listed property category.

Keillen Ndlovu and Evan Jankelowitz are key members of the team that took the flagship STANLIB Property Income Fund to top of the five-year performance rankings and top three placings over one and two years.

Over the last five years, the fund has consistently achieved top quartile performance and was one of the products that helped to position listed property as a distinct asset class in the eyes of investors.

Patrick Mamathuba, chief investment officer at STANLIB, commented: “The career development of Keillen and Evan assure high quality succession while the timing of Mariette’s departure at the end of March will ensure continuity and a smooth handover.

“We wish her every success in her future endeavours and congratulate Keillen and Evan on their appointments as co-heads of the franchise.”

Evan Jankelowitz joined STANLIB in 2003 and worked in the structured and alternative business unit before joining the property team.He holds a B Com (cum laude), honours in Investment Management (cum laude) and a CFA.

Keillen had an initial grounding with the award-winning listed property management fund team at Standard Bank Properties and managed its leveraged listed property product. He became a listed property analyst when the team joined STANLIB in 2005. Keillen subsequently took added responsibility for managing STANLIB’s listed property funds. He holds a B Com Honours in Finance and a CAIB (SA) Treasury.

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