Absa Asset Management today, Thursday September 22, announced the appointment of Mariette Warner as manager of the Absa Property Equity Fund.
The multiple investment industry award-winner was previously head of the property franchise and portfolio manager at the STANLIB Property Income Fund.
Mariette Warner holds a BSc (Hons) and BCom (Hons) from the University of Cape Town and has had a 28-year career in the financial services industry, initially at Old Mutual, where she gained experience in leasing, valuation and property investment.
She moved to Alan Gray, ultimately becoming asset manager of its listed property unit trust. On a subsequent move to Standard Bank Property Finance and STANLIB she led the development of what was to become the industry’s largest listed property portfolio investment unit, with R12 billion in assets.
Errol Shear, chief investment officer of Absa Asset Management, noted: “Mariette Warner is one of South Africa’s leading property investment specialists. Her appointment further strengthens our professional team in an increasingly important asset class.”
“We see strong potential for growth in this sector. With Mariette Warner at the helm, we are confident this potential will be optimised in the coming months.”
§ Mariette Warner’s industry honours include best performance accolades in property fund management in both the Raging Bull and S&P/Financial Mail awards.