Grindrod Asset Management currently manages institutional assets on behalf of large multi-managers, pension funds and provident funds across a number of different investment strategies including:
Grindrod Private Clients offers a complete wealth management service and has a successful history of structuring the financial affairs and managing the assets of high net worth individuals, trusts, educational institutions, charities and public organisations.
Grindrod Securities offers clients a full service stockbroking and fund management facility.
The Online Trading platform allows clients to trade shares; derivatives such as Single Stock Futures (SSFs) and Contracts For Difference (CFDs); Exchange Traded Funds (ETFs) and currency futures.
Grindrod Asset Management (GrAM) was founded in November 2009, when a number of asset management projects within Grindrod Bank were grouped together under a single asset management brand. Initially, there were two main business lines; Grindrod Private Clients (which housed the wealth management activities of GrAM) and Investment Products (which housed the unit trust and distribution capabilities of GrAM).
The business has grown rapidly thanks to the successful launch of a number of new products, as well as through the merger with Plexus Asset Management in 2012.
Not only did the Plexus merger introduce new products into GrAM, but it also significantly increased the intellectual capital within the business, a key ingredient in the success of any investment management business. At the end of October 2012, assets under management had grown to R10.57 billion and were split evenly across all business units.
|January 2008||Launched the Grindrod Diversified Preference Share Fund|
|April 2009||Launched the Grindrod Global Property Income Fund|
|July 2010||Appointed fund manager of the Nedgroup Investments Property Fund|
|November 2010||Launched the Grindrod International Property Fund (USD)|
|October 2011||Launched Grindrod Securities|
|March 2012||Launched Grindrod Collective Investments and expanded our product range|
|April 2012||Merger with Plexus Asset Management|