Barry van Zyl

STANLIB Asset Management Ltd. (SAM) is the multi-specialist investment subsidiary of STANLIB Ltd., ultimately held by Standard Bank Group Ltd. (JSE: SBK; ADR: SGBLY) in South Africa. The firm was created in 2002 by the merger of Liberty Asset Management and Standard Corporate and Merchant Bank Asset Management. In 2007 the Liberty Life Group acquired 100% of the ordinary shares of STANLIB Ltd. Headquartered in Johannesburg, SAM offers their clients both pooled and segregated investment solutions across a broad choice of traditional and alternative asset classes.

Futuregrowth Asset Management (Pty) Ltd. (Futuregrowth) is an investment management firm headquartered in headquartered in Cape Town, South Africa. The firm was founded in 1994 as a product within Southern Asset Management and transformed by FirstRand group into a financial services firm in 2000. They are a subsidiary of Old Mutual Investment Group (Pty) Ltd., ultimately owned by Old Mutual Ltd. (LSE: OML) in Great Britain. Futuregrowth manages the full range of fixed interest and developmental impact funds for institutional and retail clients.

Citadel Investment Services (Pty) Ltd. is the South Africa-based investment management subsidiary of Peregrine Holdings Ltd. Headquartered in Sandton, the firm provides investment advisory services to private individual or institutional clients.

ClucasGray Investment Management (Pty) Ltd. (ClucasGray IM) is a South African fund management firm which was founded in 2005 by James Clukas, Fairfax Gray, Peter Clucas and Paul Carter. The firm is a subsidiary of ClucasGray Pty Ltd. Headquartered in Johannesburg, ClucasGray IM provides investment management services to individual and institutional clients.

Morningstar Investment Management South Africa (Pty) Ltd. (Morningstar South Africa) is an investment management firm headquartered in Cape Town, South Africa. The firm is a subsidiary of Morningstar Investment Management LLC, which is owned by Morningstar, Inc. (NASDAQ: MORN) in the US. Morningstar South Africa offers investment management and advisory services to advisors and financial institutions around the world.

Taquanta Asset Managers Pty Ltd. (Taquanta AM) is the asset management subsidiary of Taquanta Investment Holdings in South Africa. The firm's roots begin with Nedbank Investment Bank, Syfrets and UAL Merchant Bank in the mid-1990s. In 1997, the firms merged into NIB. Rationalizations and restructurings created Nedbank Treasury Asset Management, and in 2005, an empowerment consortium named Taquanta acquired a minority stake in the business which was subsequently rebranded as Taquanta Asset Managers. In 2007, the firm left Nedbank to go it alone under black-owned Taquanta Investment Holdings. Taquanta AM provides a range of investment products for clients including pension and provident funds, medical aids, unit trusts, corporates and multi-managers in South Africa.

Novare Investments (Pty) Ltd. (Novare) is an asset management firm headquartered in Bellville, South Africa. The firm was founded in 2000 and is a subsidiary of Novare Holdings (Pty) Ltd. Novare provides investment solutions to retail and institutional clients across the African continent.

Old Mutual Group Holdings (SA) Pty Ltd. provides life assurance, asset management, and banking services. It offers life, disability, and health insurance, retirement savings, and investment products to individuals and groups. The company is headquartered in Cape Town, South Africa.