Strongly rooted in South Africa, with our headquarters in Sandton and a satellite office in Cape Town, our success was earned through building investment solutions for local pension and provident fund and later for retail investors.
With assets under stewardship of more than R330 billion as at 31 March 2016, we are Africa's largest multi-manager. We're also uniquely positioned to offer our clients investment expertise across multiple disciplines and all asset classes.
Our roots in multi-management go back to 1994. During that time the industry expanded rapidly and, at its peak, more than 20 multi-managers were operating, after which the industry in South Africa began consolidating.
We have since evolved from our successful multi-manager offering, to provide a wide array of investment services ranging from multi-managed portfolios to advice-led solutions and fund administration.
In 2014, Mercer purchased a 34% holding in Alexander Forbes and announced a strategic relationship that would benefit both parties. As part of the Mercer Group, Mercer Investments significantly bolsters our offshore research capability.