FANews
FANews
RELATED CATEGORIES

Sygnia rises to the top

08 June 2016 Magda Wierzycka, Sygnia Asset Management
Magda Wierzycka, CEO of Sygnia.

Magda Wierzycka, CEO of Sygnia.

Sygnia won the coveted 2016 Imbasa Yegolide Overall Asset Manager of the Year award at this year’s Batseta Council of Retirement Funds SA conference. These awards pay tribute to service providers who demonstrate professional excellence in their service of retirement funds and integrate Treating Customers Fairly (TCF) principles as part of their ethos and value proposition.

Since listing in October 2015, Sygnia has positioned itself as both consumer champion and market disruptor – a message that clearly resonated with the judges. Sygnia surged ahead of the competition in a crowded field of established industry giants and relative newcomers. The award is particularly significant as it recognises that a multi-manager company can compete with, and outperform, established single asset managers such as Coronation and Allan Gray.

“We are extremely proud and honoured to win in such a competitive and challenging year. Proud, because our investment team has again demonstrated the skill, tenacity and judgement that makes them market leaders. Honoured, because this would not have been possible without the incredible support of our clients and friends. It’s been an extraordinary year for us and there are more great things to come,” says Sygnia CEO Magda Wierzycka.

The company recently launched its groundbreaking investing platform, Sygnia RoboAdvisor, and the Sygnia Umbrella Retirement Fund (SURF), a revolutionary umbrella fund model. Both seek to significantly lower the cost of saving for all South Africans and empower them to make better and more informed decisions.

Quick Polls

QUESTION

What do you think the high volume of inquiries and withdrawal requests means for the future of the two-pot system?

ANSWER

It suggests high demand and potential success of the system
It indicates possible problems with the system’s implementation or communication
It points to financial stress among individuals that could affect long-term retirement planning
It could be detrimental to the economy and people's retirement security
It’s too early to determine the impact on the system’s future
fanews magazine
FAnews August 2024 Get the latest issue of FAnews

This month's headlines

Women’s Month spotlight: emphasising people and growth in the workplace
The power of skills transfer and effective mentorship
Advisers and investors hold thumbs the GNU will restore bond and equity valuations
What are the primary concerns of insurers and brokers?
The Two-Pot System: regulatory challenges ahead
How comprehensive is your clients' critical illness cover?
Subscribe now