If you’re reading this periodical you’re likely familiar with the book “Fooled by Randomness” (by Nassim Nicholas Taleb) published in 2001. It became something of folklore artifact among finance professionals who started using the title as a colloquialism when referring to lucky people. The book more formally describes how sometimes we are all beneficiaries of random events. It was the first time many of us began thinking about randomness as an object, as opposed to just a word to describe variation – the idea has been gnawing at me ever since.
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).
Around 2018, online broker, EasyEquities , bought asset manager Cload Atlas and Emperor Asset Management , the transaction culminated into establishing of Easy Asset Management by EasyEquities.
Ninety One overall assets under management are hovering around 3 trillion , that's almost the entire size of out unit trusts industry.