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Stonehage Fleming Appoints New Director in South Africa

05 May 2021 Stonehage Fleming
Mario Schoeman as Director of Business Development in South Africa

Mario Schoeman as Director of Business Development in South Africa

Stonehage Fleming has announced the appointment of Mario Schoeman as Director of Business Development in South Africa. Mario will be responsible for leading the distribution of Stonehage Fleming’s global service offerings, including the firm’s flagship Global Best Ideas Equity fund, into the South African investment market.

Mario has more than two decades of local and international investment industry experience, ranging from fund research and investment product management to retail and institutional business development. He was Head of Retail Distribution at Foord Asset Management for the past 10 years and served on various committees at the Association for Savings & Investment South Africa. Prior to this he was with OMIGSA and STANLIB in executive positions. Mario holds a BSc degree from the University of Stellenbosch as well as a Masters degree in Business Leadership from the University of South Africa.

Commenting on the appointment, Group Head of Business Development Andrew Clarke said: “The Global Best Ideas (GBI) Equity investment strategy is already well established in South Africa, but we look forward to having a dedicated resource on the ground who has the primary responsibility of growing the AUM of this fund through the wholesale market. We are excited about Mario’s experience in the industry and the role he will play in the distribution of our other premier offerings in the local market. We are delighted to welcome him to the firm.”

Mario Schoeman said: “Stonehage Fleming’s reputation in the industry is flawless and I am honoured to join the team. I am very excited about the team’s capabilities, evidenced in the track record of the GBI strategy and look forward to contribute to even more success.”

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