Coronation Asset Management Proprietary Ltd (Claremont, Cape Town)
Coronation Asset Management Proprietary Ltd is an adviser based in Claremont, Cape Town. It manages $30.55 billion of regulatory assets for 315 client accounts. It has been registered with the SEC as an adviser since 2001.
Coronation Asset Management Proprietary provides portfolio management for pooled investment vehicles. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.
Coronation Asset Management Proprietary: assets under management
The assets under management (AUM) of Coronation Asset Management Proprietary Ltd is $30.55 billion, all of which is managed in discretionary accounts. The firm's AUM has grown by 370% since the beginning of its operation, and $30.54 billion of the total AUM is attributable to clients outside of the United States.
Investments
The firm invests in exchange traded securities the most. They account for 100% of the total AUM.Fees & Commissions
The advisory firm has several streams of revenue. Clients pay Coronation Asset Management Proprietary Ltd for their services and products based on a percentage of assets under management and performance-based fees. Compensation based on assets under management promotes a long-term relationship between a client and the adviser and helps align mutual interests. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.
What kind of clients John Ashley Snalam serves?
The firm provides services to pooled investment vehicles and pension and profit sharing plans. The largest group of clients of John Ashley Snalam is pooled investment vehicles with 20 clients and $16.28 billion of assets under management. Among the 8 most similar advisory firms, Coronation Asset Management Proprietary has the 3rd lowest percentage of pooled investment vehicles out of all clients.
The amount of regulatory assets under management is $30.55 billion for 315 clients. 99% of the firm’s clients are foreign persons or businesses.
Coronation Asset Management Proprietary doesn't advise any private funds.
Careers at Coronation Asset Management Proprietary Ltd
The company employs 25 people that are either part- or full-time employees. 64 percent of the employees work as investment advisers or researchers. No employees are registered as investment adviser representatives with the state securities authorities.
There isn’t anyone with the role of looking for and bringing in new clients on behalf of the firm. The firm doesn’t compensate employees in addition to the salary for bringing in new clients. Employees don’t receive compensation from other entities for client referrals.
John Ashley Snalam has been acting as President since 1 Jul 1993. Karl Francis Leinberger has served as the Chief Investment Officer since 1 Apr 2008 and Anton Clarence Pillay is the Chief Executive Officer of Coronation Asset Management Proprietary Ltd family office. Llewellyn Peter Smith joined the executive team most recently as the Chief Operating Officer And Member Of The Executive Committee.
Direct owners and executive officers
Indirect Owners
The SEC currently registers 3 indirect owners.Based in Claremont, Cape Town
The principal office where Coronation Asset Management Proprietary Ltd performs its advisory services is located at Seventh Floor, Montclare Place, Claremont, Cape Town, 7708 The mailing address of the firm is Po Box 44684, Cape Town, 7735. The firm also has an office outside of the United States.
You can reach the main office by calling the phone number +27 21 680-2000 or by fax +27 21 680-2100. The normal business hours are 8.00am to 5.00pm on Monday - Friday. You can find more information about the New York firm at coronation.com/us.
Registered investment advisers similar to Coronation Asset Management Proprietary Ltd
- Templeton Asset Management
- Sankaty Advisors
- Jpmorgan Funds Limited
- Amr Investment Services
- Brandywine Asset Management
- Bluemountain Capital Management
- Hewitt Ennisknupp
- Hillhouse Capital Management
- Tcw Asset Management
- General Atlantic Service Company
- Nomura Asset Management U.K. Limited
- The Baupost Group, L.L.C
- Vontobel Asset Management
- Capital International Research And Management
- The Clifton Group Investment Management Company