STANLIB named Best Asset Manager based in Frontier Markets by Global Finance Magazine

STANLIB has been named the Best Asset Manager based in Frontier Markets by the well-respected Global Finance magazine. This is the first time the magazine, which is headquartered in New York and has offices around the world, has recognised the World’s Best Asset Managers for Corporates.

STANLIB was recognised in the Global Winners category as the Best Manager based in Frontier Markets.

Global Finance’s editorial board chose the winners based on entry submissions, market research and input from industry analysts, corporate executives and other users of asset management services.

“Winning this award is an acknowledgement of STANLIB’s strategy to become a Pan-African multi-specialist investment company with a diverse investment offering,” says Seelan Gobalsamy, STANLIB CEO.

“It is a milestone in our journey to becoming the leading asset manager in Africa and other emerging markets,” he adds.

Joseph D. Giarraputo, publisher and editorial director of Global Finance (GFMag.com), says the awards recognise “those asset managers that excel at executing on discretionary mandates from nonfinancial corporations”.

Asset managers were assessed on the range of services and solutions they offer to corporates, and how best they meet the needs of the internal investment operations of nonfinancial corporations.

“We value this award as it recognises the importance we place on putting our customers first and meeting their needs,” Gobalsamy says.

Performance was judged over the period from 1 January 2014 to 31 December 2014.

STANLIB has operations in South Africa, Lesotho, Namibia, Swaziland and Botswana in Southern Africa; Kenya, Uganda, South Sudan and Tanzania in East Africa; and Ghana in West Africa.