Coronation Asset Management Proprietary Ltd (Claremont, Cape Town)

Name: Coronation Asset Management Proprietary Ltd
Address: Seventh Floor, Montclare Place, Claremont, Cape Town, 7708
Telephone: +27 21 680-2000

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.

The firm manages $30.55 billion in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $96.98 million each.

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

Name	Entity	Date acquired	Ownership	Employer ID
John Ashley Snalam	Chief financial officer/director	1 Jul 1993	Other	4489287
Matthys Michielse Du Tiot	President	1 Jul 1993	Other	4444740
Anthony John Gibson	Director	1 Jul 1993	Other	4489326
Louis Francois Stassen	Director	1 Jul 1993	Other	4489328
Walter Arthur Aylett	Alternate director	1 Oct 1997	Other	4489353
Derek Paul Mcdonald	Company secretary/alternate compliance officer	1 Mar 1999	Other	4489360
Magdalena Franciszka Wierzycka	Director	1 Mar 1999	Other	4489367
Vanessa Hofmeyr	Director	1 Mar 1999	Other	4489355
Robert Alec Oellermann	Director	1 Mar 1999	Other	4489364
Dirk Johan Kotze	Director	1 Mar 1999	Other	4489358
Neville James Chester	Portfolio manager	1 Aug 2000	Other	5966064
Neville Chester	Portfolio manager	1 Aug 2000	Other	5966064
Kirshni (Nmn) Totaram	Head of institutional business and member of the executive committee	1 Apr 2003	Other	5966062
Coronation Investment Management Sa (Pty) Ltd	Shareholder	1 Apr 2003	75% - 100%	foreign
Kirshni Totaram	Head of institutional business	1 Apr 2003	Other	5966062
Coronation Investment Management (Pty) Ltd	Foreign listed	1 Apr 2003	75% - 100%	foreign
Derek Paul Mcdonald	Chief compliance officer and company secretary	1 Mar 2004	Other	4489360
Anton Clarence Pillay	Chief executive officer/director and member of the executive committee	1 Jan 2006	Other	5966065
Anton Pillay	Chief operating officer	1 Jan 2006	Other	5966065
Hugo Anton Nelson	Chief executive officer	1 Nov 2007	Other	5894677
Karl Francis Leinberger	Chief investment officer	1 Apr 2008	Other	5966059
Karl Leinberger	Chief investment officer	1 Apr 2008	Other	5966059
Leeza Myburgh	Chief compliance officer	1 Apr 2010	Other	5966117
Leeza (Nmn) Myburgh	Chief compliance officer	1 Apr 2010	Other	5966117
Mark Robert Barratt	Chief compliance officer/head of global risk and compliance	1 Feb 2013	Other	6192187
Llewellyn Peter Smith	Chief operating officer and member of the executive committee	1 Sep 2013	Other	6277721
Pieter Johannes Koekemoer	Head of retail and member of the executive committee	1 Sep 2013	Other	6277725
Llewellyn Smith	Chief operating officer and member of the executive committee	1 Sep 2013	Other	6277721
Pieter Koekemoer	Head of retail and member of the executive committee	1 Sep 2013	Other	6277725

Indirect Owners

The SEC currently registers 3 indirect owners.

Name	Entity	Date acquired	Ownership	Employer ID
Coronation Fund Managers Limited	Shareholder	1 Jul 1995	75% - 100%	foreign
Coronation Fund Managers Ltd	Holding company (listed in the johannesburg stock exchange)	1 Apr 2003	75% - 100%	foreign
Coronation Fund Managers Limited	Foreign	1 Jun 2003	75% - 100%	1973/009318/06

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.