About Us
Abax Investments traded as Polaris Capital from the firm's founding in July 2003 until December 2009.
The firm started with three clients, three fund managers and R2 billion funds under management and has grown to a size of approximately 20 clients, six fund managers, two investment analysts and R40 billion funds under management (as at December 2011). Throughout this growth, the firm has remained true to a few guiding principles, namely:
- a small and focused team of experienced Fund Managers
- limited number of client relationships
- exclusive focus on domestic South African listed equity
- deliberately limited overall assets under management
We believe these points and a stimulating working environment are essential if you are to give the investment team the best opportunity to generate superior investment returns.
Abax Investments can accommodate all sizes of investments; from a monthly debit order of R500 via the retail unit trust offering, which is done in partnership with Nedgroup Investments, to large institutional investments via the Abax Equity Fund.
In September 2006, the directors of Abax Investments took the decision to close the business to new segregated client mandates to ensure that we continue to deliver excess investment performance and maintain limited, but close client relationships.
Nedgroup Investments Rainmaker Fund (for private investors) and the Abax Equity Fund (for retirement funds and other institutional investors) remain open for investment. In addition there is some capacity available in our Hedge Fund offering.