Melvyn Lubega

*The Future of Portfolio Management: Tech-Driven Risk Models* AQUA - Numoro's AM ETF listed on the JSE, is leading the charge in adaptive, risk-smart portfolio solutions, as highlighted in a Citywire article by well-known strategist Roland Rousseau. This insightful article supports Numoro's strategic vision of how machine learning can enhance portfolio management solutions. Discover how technology-driven risk models are becoming the cornerstone of tomorrow's portfolio management. 👉 Read the article here:  https://lnkd.in/drDtN4BB Citywire Morningstar Financial Times #PortfolioManagement #InvestmentStrategy #RiskManagement #FinancialInnovation #NumoroAM #AquaETFs

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Join us on Asset TV for an enlightening Discretionary Fund Management Masterclass featuring Roland Gräbe, CFA, Interim Chief Investment Officer at Old Mutual Multi-Managers. In the masterclass, Roland shares valuable insights on economic fundamentals, including the rand, the economic volatility, upcoming elections and their impact on investors. He also delves into asset classes, discussing risk factors and opportunities between local and global equities. Roland then closes off by outlining the pivotal role of Discretionary Fund Management for advisors in investment education. Don't miss out on this insightful discussion. Watch now: https://lnkd.in/dfkymJTC #OldMutualWealth #integratedwealthplanning #wealthmanagement #financialplanning

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ESG Conference (Intergenerational Wealth Transfer) - Intergenerational Wealth and Impact on ESG | ESG Summit May 2024 Join Gontse Tsatsi, Head of Retail Clients at Old Mutual Investment Group, on Asset TV's ESG Summit as he explores intergenerational wealth and its impact on ESG. Gontse delves into the crucial role of financial planners in aligning client goals with ESG solutions. Listen to the full discussion here: https://lnkd.in/d-Z5yzcM #ESGSummit #ESG #SustainableInvesting #IntergenerationalWealth #FinancialPlanning #PositiveImpact

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Why Company registrations dropped by 67%! We reflect on the dramatic changes in South Africa’s economic landscape. This article dives into key economic trends and sector dynamics from 2023 and 2024, uncovering challenges and growth opportunities for businesses in this shifting climate. 👉 Read the full analysis: https://lnkd.in/dWWxAHgi #businesstrends #companyregistrations #cipc #economicinsights #southafricabusiness #entrepreneurship #compliance #bizcommunity

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ACOF Inaugural Interim Financials on the JSE Altvest Capital is proud to announce the inaugural release of the Altvest Credit Opportunities Fund (ACOF) Interim Financials, since listing on the JSE. This milestone reflects our commitment to transparency, growth, and impactful SME funding. The SENS announcement and the full Interim Financials are now available on the Altvest Capital website. The report highlights key achievements, including: • R256 million raised, with R150 million secured from institutional investors in the past six months. • A robust R593 million pipeline of high-quality opportunities. • Expanding revenue with R11.92 million in interest income. For more details, view the announcements here: • SENS Announcement: https://lnkd.in/dnD94XiF • Interim Financials: https://lnkd.in/dtvMsn9d • Impact Report: https://lnkd.in/dFBkRv_Y #AltvestCapital #ACOF #InterimFinancials #JSE #SMEFunding #ImpactInvesting

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Building on Success The 2024 Interim Financial Results mark a transformative year for Altvest Capital, showcasing progress across growth, impact, and shareholder value creation. Key Highlights • Successful IPO: On October 14, 2024, Altvest listed on the JSE AltX board. Our IPO was oversubscribed, raising R18.2 million and increasing our shareholder base by 428%—from 475 to 2,511 investors. Class C shares linked to ACOF saw a 962% increase in retail participation, reinforcing strong market interest. • ACOF Impact: Raised R256 million, deployed R213 million, and supported 26 SMEs across 15 sectors, creating 362 jobs and preserving 430. Portfolio Growth o Umganu Lodge: Improved profitability through high occupancy rates and rising property value. o Bambanani Family Group: Expanded footprint and product offerings, demonstrating consistent growth. Launched the Altvest Financial Solutions Advisory and Wealth Management Business, offering tailored products blending traditional and alternative investments. Altvest remains focused on building a portfolio that combines financial returns with transformative societal impact. Read the full Interim Financials here: https://lnkd.in/dKTbKuEb #AltvestCapital #Highlights #AlternativeInvestments

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[PARTNERED] The Gaja Capital Business Book Prize announces its shortlist for the 6th edition, recognising authors who examine business, leadership, and entrepreneurship. View the 2024 shortlist here: https://lnkd.in/dym4Aks #GajaCapitalBookPrize #BusinessBooks #Entrepreneurship #Leadership #Innovation #Fintech #Resilience #GajaCapital Gaja Capital

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Start with the end in mind!   In this Let’s Get Funded interview, Sihle P Gumede, Principal at Sanari Capital, shared her views on how and when businesses should think about exit. She clarified what is meant when investors talk about an exit strategy, as this part of the raise process can quickly become overwhelming because of the dizzying array of acronyms - ROI, IRR...     It can feel counterintuitive to think about the investor exit whilst you build your investable business. Once you get over this, you’ll realise that it only makes sense to have the investor exit strategy top of mind as you articulate your pitch. An investor wants to know that they will be able to make a return on their investment and so being able to show the assumptions you have made, including some calculations and realistic plans will serve you well.    Let’s Get Funded is a series of interviews with South Africa's most experienced and inspiring female finance professionals who challenge traditional financial and investment content norms. This initiative was supported by the Branson Centre of Entrepreneurship SA.     #PrivateEquity #Funding #Fundraising  

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I think that Jo and her team have done a fantastic piece of work with the survey and their willingness to coach and mentor the new generation of Turnaround professionals. My hope with the outcomes of the survey is that Boards and C Suites out there take cognizance of the findings. For businesses to understand their is a benefit to admitting you need help ...the earlier that this is the better chance there is of success At the PIC the Tova team is very fortunate that we have an excellent set of multidisciplinary resources available to us..and we bring them in at an the early stage of assessing distressed assets..this enables us to put up holistic solutions. Our Turnaround and Value Add (Tova) team is lead by myself supported by two Turnaround Associate Fund Principals supported by Turnaround Associates..then we bring in resources from our Research department to assist with Industry knowledge..ESG to ensure we cover this area, Risk to ensure all risks are identified and mitigated...Legal to ensure we follow all legal processes..then for really specialized work we use experts from out Specialist Tova panel..this approach has worked extremely well...however our biggest hurdle is early detection..the management's reluctance to admit they have a problem..we are working with industry experts to develop an early warning indicator approach..we are sure this will be a game changer. Lastly we as an industry need to work closer together..this will ensure that we have the brightest minds sitting together and building an industry which will make an impact on the lives of all South Africans.

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💡𝗠𝗶𝗹𝗹𝗶𝗺𝗮𝗻 𝗜𝗻𝗱𝘂𝘀𝘁𝗿𝘆 𝗨𝗽𝗱𝗮𝘁𝗲 - 𝗡𝗼𝘃𝗲𝗺𝗯𝗲𝗿 𝟮𝟬𝟮𝟰💡 We're excited to share the latest insights from our recent Industry Update Breakfast, where several participants from across the South African insurance industry gathered to discuss various topics, including regulatory developments, climate scenarios, group solvency challenges, and the impact of insurance disruptors. 🔍 𝗞𝗲𝘆 𝗛𝗶𝗴𝗵𝗹𝗶𝗴𝗵𝘁𝘀: 1. 𝗥𝗲𝗴𝘂𝗹𝗮𝘁𝗼𝗿𝘆 𝗗𝗲𝘃𝗲𝗹𝗼𝗽𝗺𝗲𝗻𝘁𝘀: Insights on a selection of regulatory developments: Solvency II amendments, the Conduct of Financial Institutions (COFI) bill, climate change guidance and parametric insurance. 2. 𝗖𝗹𝗶𝗺𝗮𝘁𝗲 𝗦𝗰𝗲𝗻𝗮𝗿𝗶𝗼𝘀: Challenges and complexities involved in developing insurer-specific climate scenarios. 3. 𝗚𝗿𝗼𝘂𝗽 𝗦𝗼𝗹𝘃𝗲𝗻𝗰𝘆 𝗖𝗵𝗮𝗹𝗹𝗲𝗻𝗴𝗲𝘀: Difficulties for groups in calculating Solvency Capital Requirements for participations outside South Africa. 4. 𝗜𝗻𝘀𝘂𝗿𝗮𝗻𝗰𝗲 𝗗𝗶𝘀𝗿𝘂𝗽𝘁𝗼𝗿𝘀: Analysing the journey of tech-driven insurance ventures, various emerging themes and the path forward. We extend our gratitude to all participants for their valuable contributions under Chatham House rules, ensuring a candid and collaborative discussion. For a deeper dive into these topics, check out our full update. If you're interested in receiving our Industry Update or participating in future discussions, please reach out to us at 𝗮𝗳𝗿𝗶𝗰𝗮@𝗺𝗶𝗹𝗹𝗶𝗺𝗮𝗻.𝗰𝗼𝗺. #Insurance #RegulatoryDevelopments #ClimateChange #Solvency #InsuranceDisruptors #Milliman #IndustryUpdate #FinancialServices #RiskManagement #Sustainability

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What an inspiring fireside chat hosted by Tsitsi Hatendi-Matika at the CFA Society South Africa 2024 Annual Investment Conference. Tryphosa Ramano shared invaluable insights on the future of South Africa's investment landscape, the challenges and opportunities facing women in leadership, and the path forward for our country. Key takeaways: - The private sector, public sector, and civil society must work together to address South Africa's challenges. Operation Vulindlela offers opportunities for private sector co-investment in infrastructure. - While the increase in the offshore limit is positive for retirement fund members, it lead to capital outflows. Investing in domestic infrastructure is essential for job creation and addressing social economic issues. - The pace of economic transformation, particularly for women, has been too slow. The industry must prioritise diversity and inclusion, including gender diversity. - Supporting young professionals through mentorship and sponsorship is crucial. Both mentees and mentors must be committed to professional integrity and aligned values. Let's continue the conversation and work together to build a brighter future for our country, South Africa. Ninety One CFA Society South Africa #CFASocietySA #womeninleadership #southafrica #investment #future

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🕴️Edge Growth’s Fana Mnguni features on the investment panel at Founders Foundation!  On August 25th, the Founders Foundation, in partnership with Outsourced CFO and Investec, hosted a pivotal event focused on enhancing the productivity of the SMME ecosystem. This gathering brought together founders, accelerators, and corporates to explore how programmatic solutions and investment readiness can drive business growth. Fana Mnguni, Associate Principal at Edge Growth and one of our senior dealmakers took to the stage to share valuable insights from an investor’s perspective. In his address, Fana; → Highlighted critical challenges faced by entrepreneurs  → Identified emerging trends in investment, with a particular focus on the Green Economy and FinTech.  → Noted increased investment in value chain transformation and social impact initiatives as key areas of interest. This event was a powerful call to align programmatic support with investment strategies, paving the way for small business success 💫

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SOUTH AFRICA’S VC SECTOR ON POSITIVE TRAJECTORY AND WHAT THIS MEANS South Africa’s 2023 startup ecosystem concluded on a high note, as the local venture capital (VC) sector defied the global downward trend in annual deals since 2020. The SAVCA Venture Capital Industry Survey 2024 recently revealed that total capital flow to startups exceeded R3 billion ($164 million) for the first time, demonstrating the sector’s remarkable resilience and potential. The survey, launched by SAVCA, highlighted the significant increase in capital flow, with R10.73 billion ($586 million) invested across 1,106 active deals since the survey’s inception in 2010. While the number of deals slightly decreased in 2023 (184 deals compared to 195 in 2022), the activity remained higher than pre-Covid levels. To read more on Forbes Africa 👉 https://lnkd.in/dZXNwXrW. To view and download the SAVCA VC Industry Survey Report 👉 https://lnkd.in/dcJHg6GD. www.savca.co.za.

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CityWire SA Discretionary Fund Management CIO Roundtable Roland Gräbe, CFA, Interim Chief Investment Officer (CIO) at Old Mutual Multi-Managers, joins this interesting roundtable trio of respected discretionary fund managers unpacking the evolution of their firms’ solutions and current state of play. Watch now: https://lnkd.in/eDT6EU5b #OldMutualWealth #integratedwealthplanning #wealthmanagement #financialplanning

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PSG Capital corporate financiers, Thandiwe Nhlapho and James Moody CA(SA), were recently featured in the Q3 edition of the DealMakers SA's Corporate Finance Magazine, in which they discussed pricing mechanisms which can be applied when purchasing or disposing of the shares of a company or a business. #PSGCapital #MergersandAcquisitions #CorporateFinance https://lnkd.in/dywuZHRf

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Eugene Braak facilitated a discussion with Etienne Roux (CA)SA, CFA (Truffle Asset Management), Kanyisa Ntontela (Amplify Investment Partners), and Peter Duminy (Sanlam Private Wealth) who took a closer look at how property has performed as an asset class both locally and globally. They also examined the role property plays in multi-asset portfolios. #GlacierInvestmentSummit #TopSecretsToSuccessfulInvesting #GlacierbySanlam #ThinkWorldClass

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Proof of what positive leadership and unity can achieve .

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In the latest bizval podcast, Sibusiso Mbonambi explains the concept of a “BOB” (Boring Old Business) and why it is a perfect candidate for acquisition by a search fund. https://lnkd.in/dd--UBe7 #bizvalpodcast #searchfunds #valuations #exitstrategy

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Alternative investments are widely recognized as an effective way to diversify portfolios. As these asset classes continue gaining traction in South Africa, secondary funds are also experiencing rapid growth. A recent report from Bain & Company highlights the increasing demand for liquidity solutions within the private equity space, suggesting that expanding the secondary market may offer a viable solution. To illustrate the market's growth, secondary funds raised 92% more capital in 2023 compared to the previous year. While still a relatively small asset class, the secondary fund market is expanding quickly as investors seek new avenues for portfolio diversification. We’ve had conversations with a number of different investors looking to sell a portion of their existing investment commitments into a secondary market. This market will continue to grow, and it’s one we’ve got our eyes on. Purchasing investors should be taking longer-term views, and despite price discounts tightening, we still believe there’s value on the horizon. https://lnkd.in/eCUtG2-N

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