Citadel Investment Services Proprietary Limited is an authorised financial services provider.

GEORGE HERMAN

GEORGE HERMAN

DIRECTOR AND CHIEF INVESTMENT OFFICER

In 2010, I joined the Citadel Asset Management (CAM) team as Head of South African Portfolios. I am also a member of the Association for Savings and Investment South Africa (ASISA). My career has spanned three decades – as banker, stock broker and fund manager. I hold a BCom (Hons) in Investment Management from the University of Johannesburg (previously RAU). When not at work, I am training for the ironman.

MAARTEN ACKERMAN

MAARTEN ACKERMAN

Chief Economist and Advisory Partner

Maarten joined Citadel in October 2003 and is part of the advisory and asset management teams. He is responsible for global and local economic strategy and global portfolio construction, and manages the Citadel range of Global Objective Matching Portfolios. Maarten is an advisor to a number of Citadel’s ultra-high net worth clients. He is also a member of the Chartered Institute of Securities and Investments in London and a faculty member at the University of Stellenbosch Business School - Executive Development. Maarten holds a Masters degree in Econometrics from the University of Pretoria, and lectured at the University of Pretoria and the University Stellenbosch before joining the Bureau for Economic Research in 1998, where he focused on macro-econometric forecasting. Prior to joining Citadel he was a portfolio manager at Peregrine Quant from 1999 to 2003.

FUND MANAGERS

 

HAROLD STRYDOM

HAROLD STRYDOM

INVESTMENT STRATEGIST AND PORTFOLIO MANAGER

Harold joined Citadel in 2006. He is responsible for asset modelling, portfolio optimisation and Houseview implementation. He also co-manages Citadel’s range of property solutions and the SA Yield Portfolio. Prior to joining Citadel, he worked as a business analyst at an internet marketing company. Harold obtained a BCom (Actuarial Science) degree from Stellenbosch University in 2005 and is a Fellow of the Institute and Faculty of Actuaries.

MIKE VAN DER WESTHUIZEN

MIKE VAN DER WESTHUIZEN

PORTFOLIO MANAGER

Mike joined Citadel in 2011 and was initially responsible for the researching and monitoring of South African underlying funds and strategies as part of the CAM Fund Research Team. From there, his focus and passion drew him towards local and global fixed income related fund research. He is now part of the team that manages Citadel’s in-house fixed income, property and alternative beta equity strategies. He focuses on all aspects of portfolio management, from research and idea generation, through to implementation and portfolio optimisation, risk management and trading.

NISHLEN GOVENDER

NISHLEN GOVENDER

PORTFOLIO MANAGER

Nishlen joined Citadel in 2013 as a Hedge Fund Analyst. He completed his BBusSc Finance Honours at UCT in 2011 and is a CFA charter holder. He previously worked for Allan Gray as a consultant within the retail client space. Nishlen focusses on the management of local and offshore funds and portfolios as well as undertaking various research projects.

VICTOR VON REICHE

VICTOR VON REICHE

PORTFOLIO MANAGER

Victor joined Citadel following a joint venture between Cannon and Citadel in 2014. Victor has experience in the field of environmental engineering, having worked in the industry for a total of seven years before embarking on a career in financial markets at Cannon Asset Managers in 2013 as an investment analyst. His current duties include research, stock selection, implementation and portfolio management across a range of domestic and global equity portfolios.

WYNAND VAN NIEKERK

WYNAND VAN NIEKERK

PORTFOLIO MANAGER

Wynand joined the CAM team in September 2012. He is responsible for the COS 20/20 Equity Portfolio in-house, which he previously managed at Huysamer Capital Investments in the position of Chief Investment Officer and Executive Director. Wynand also manages the COS Global Greats Portfolio and the Peregrine Global Equity Fund. His career began with 10 years as a project engineer at Iscor and Sasol, followed by six years with Senekal, Mouton and Kitshoff as an industrial equity analyst. He became a director in 1990, and in 1997 he joined the Absa group as a portfolio manager, where he managed R3.3 billion in trust money, the Absa International and Absa Rand Protector Unit Trusts. He was appointed as the Chief Investment Officer of Absa Asset Management in 1999, with R15 billion in assets under management. At Abvest, a subsidiary of Absa with strong BEE credentials, he held the position of Investment Strategist as well as Portfolio Manager of Life Insurance Funds.

FUND RESEARCH

 

YOLANDA NAUDÉ

YOLANDA NAUDÉ

HEAD OF FUND RESEARCH AND PORTFOLIO MANAGER

Yolanda joined Citadel in 1998 and in 2010 she became the Head of Fund Research. At the start of her career she lectured in Economics and Econometrics at the University of Johannesburg. She then joined Gold Fields Limited, South Africa, as an economist in 1997, where she researched the South African economy and world metals markets.

KATE CALLAGHAN

KATE CALLAGHAN

SENIOR INVESTMENT ANALYST

Kate joined Citadel in 2000. She is a Senior Investment Analyst in Citadel’s CAM team. Her specific responsibilities lie within the long-only fund manager research and selection process. Prior to joining Citadel she was a member of the research team at NIB International in London.

KUMENDRA NAIDOO

KUMENDRA NAIDOO

JUNIOR INVESTMENT ANALYST

Kumendra joined Citadel in October 2017 and is responsible for all SA hedge fund research and monitoring. Prior to joining Citadel, he was a hedge fund accountant on North American and Canadian hedge funds at Maitland, responsible for the preparation of monthly financial accounts with particular focus on: trade related activity, corporate actions, dividends and taxes, reorganizing and investigating of fund specific activities and liaising with fund managers. Kumendra obtained Honours in Financial Analysis and Portfolio Management from UCT in 2016, and is currently studying towards his CFA level II.

RESEARCH ANALYSTS

 

BONGA MRIGA

BONGA MRIGA

EQUITY ANALYST

Bonga joined Citadel in 2017 as an equity analyst. Prior to that Bonga completed his articles with Old Mutual in 2016. During that time Bonga spent time in two Old Mutual Investment Group boutiques, namely, Old Mutual Specialised Finance (OMSFIN) in their credit team and Old Mutual Alternatives Investments (OMAI) – Development Impact Funds (DIF) for valuations and investment deal preparations for investment committee submissions. He is currently studying towards his CFA level II.

DEVIN FORBES

DEVIN FORBES

JUNIOR INVESTMENT ANALYST

Devin joined Citadel Asset Management in 2016 as a Junior Investment Analyst, covering hedge fund research and monitoring. Devin completed his BCom Honours in finance and investments at The University of the Western Cape in 2015 and is currently enrolled in the CFA programme.

OLWETHU MZACA

OLWETHU MZACA

JUNIOR INVESTMENT ANALYST

Olwethu joined Citadel in 2017 as an Investment Analyst. She has a background in Equities and Fixed Income, in both the domestic and offshore market. She started her career at Sanlam Investment Management and from there joined Efficient Select to conduct research on the African Eurobond Market and establish a research based for domestic and offshore listed property stocks. She then joined Old Mutual Investment Management within Global Emerging Markets as an Equity Analyst looking at Latin American companies. She is currently studying towards her CFA level II.