Graviton has acquired a majority stake in Portfolio Analytics – a market-leading discretionary fund manager (DFM) – bringing Portfolio Analytics into the Graviton stable.
Graviton is an advice network and discretionary fund manager that currently supports independent financial advisers across the country. Graviton provides advisers with the tools, market insights, operational support and balance sheet required to enable and grow their advice businesses. Graviton is a majority black-owned entity within the Sanlam Investment Holdings structure, reflecting its commitment to transformation and inclusive growth in South Africa’s financial services industry.
Portfolio Analytics was one of the first companies to enter the South African DFM market, originating from a management buyout of the Investec Analytics business in 2004. With expanded capabilities and reach, this acquisition further enables Graviton to support independent financial advisers in growing their practices and meeting their evolving client needs.
The transaction is subject to all the required approvals having been received.