Growing up in the East Rand as a child, I remember my dad bringing The Star newspaper home every night. In those days, a newspaper was the main source of news and advertisements. And nothing brought me so much pleasure as reading the paper every day from front to back. I scoured the advertisements as I had an intense desire to purchase an Alfa Romeo Guilia – then selling for about R650. As a young boy I could only dream of one.
In 1965, the first unit trust in SA , Sage Domestic Equity Fund ,was launched.
Around 2020, after embroiled in exceeding maximum pension mandated investments , asset manager JM Busha , did not recover and exited the unit trust industry.
Asset manager Coronation saw a need for a shariah-complient leaning asset managemnt and in 2002, founded a standalone manager Kagiso AM (now Camissa AM).