On 9 November 2015 Abax concluded an agreement with Affiliated Managers Group (AMG), a NYSE listed US investment firm, to acquire an equity stake in our business.
Abax Investments is a niche fund management business that evolved from managing only South African domestic equity mandates, for the first 8 years since its inception, to including domestic and global - equity, fixed interest and balanced portfolios in its product offering. Abax is a focused investment management company. Our key business strategy is to deliver performance for our clients, and consequently generate profits for the company, for the benefit of all staff. Our interests are therefore closely aligned with that of our clients.