Coronation Fund Managers Limited Overview
Pro stress-test →Coronation Fund Managers is an independent asset management company headquartered in Cape Town, South Africa that manages capital for institutional and retail investors, utilizing a long-term, valuation-driven investment philosophy. The firm operates across major South African metropolitan areas and maintains an international presence through offices in Ireland and the United Kingdom, as well as a joint venture with Namibia Asset Management.
Strategic Profile
Pro stress-test →Coronation is an owner-managed, investment-led firm with a multi-decade track record of delivering alpha across global developed and emerging markets, with a fully-integrated global team guided by a single long-term, valuations-driven philosophy underpinned by deep proprietary research. In November 2024, shareholders approved a B-BBEE transaction that increased the company's effective black ownership to 52%, and the firm has maintained Level 1 B-BBEE contributor status since 2021.
Competitive Landscape
Pro stress-test →Coronation competes in South Africa's asset management market against other investment managers by serving institutional and retail clients with fundamental analysis and bottom-up stock picking across global public equity and fixed income markets. Key competitors include Sanlam, Investec, and Old Mutual's wealth division, which manage similar institutional mandates and multi-asset funds.
Industry Context
Coronation Fund Managers Limited operates in Asset management and investment advisory services.
Key facts
Founded: 1993 · Headquarters: Cape Town, South Africa · Employees: Unknown · Revenue: ZAR 4.29 billion (12 months) · Market cap: ZAR 16.93 billion (~$0.93B USD)