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Two decades ago you would have been hard-pressed to spot the female and darker faces among South Africa’s asset management professionals. But that’s not the case today, looking at the photographs on many “about us” pages that feature on investment company websites. Yet, according to asset management entrepreneur Delphine Govender, service providers do not reflect the diverse reality of the population. The founder of Perpetua Investment Managers was highlighting the need for transformation in the investment industry at the Association of Black Securities and Investment Professionals Summit this week. The message from Govender, who made a name for herself at private asset management firm Allan Gray, is that the investment industry has still not shaken the legacy of apartheid. – Jackie Cameron
By Lameez Omarjee
Cyril Ramaphosa: The Audio Biography
Listen to the story of Cyril Ramaphosa's rise to presidential power, narrated by our very own Alec Hogg.