Through Hangala Capital and in a joint venture with Nineteen Nil Four Holdings, Hangala Capital Holdings has been established, in which Hangala Capital effectively owns a 67% shareholding. Hangala Capital Holdings through Hangala Capital Investment Management, a licensed Namibian Asset Management Company, offers unit trusts as well as segregated solutions, with close to N$ 3 billion of assets under management.
Hangala Capital has a technical agreement with Prescient Holdings for providing portfolio and administration management services since the asset management company was established in 2011. Prescient is a multinational business with its head office in Cape Town, and whose operations span sub-Saharan Africa, Europe, Australia, and Asia that offers leading innovative investment solutions to its clients. Over the years Prescient has evolved into a partnership of people and companies, servicing a broad range of clients across a number of disciplines around the world. Prescient Limited is currently managing about N$ 300 billion assets.
For More information visit: http://www.hangalacapital.com
In January 2011, Hangala Capital (Pty) Ltd together with its shareholding partner Nineteen Nil Four Holdings (Pty) Ltd, teamed up in a ground-breaking partnership with Prescient Holdings, a Cape Town-