Top 10 Investment Companies in South Africa 2021

Investing is all about putting money into financial solutions, products, shares, property, or a commercial venture with the expectation of achieving a profit.

Covid-19 has affected the economy in a way that many people are now nervous about investing their money in stocks or mutual funds.

No lie, investing can be risky but, if you really want to retire comfortably one day then investing is the way to go.

Yes, you can easily save the money in a savings account of which you will have 100% control over but, the good thing about investments is that your money typically brings the highest rate of return and pays off the most in the long run.

Benefits of Investing Your Money

You can either invest your money by buying stock or shares of a company or by buying mutual funds.

Whichever way you choose, your money will eventually start earning its own income. If the value of the stock or mutual fund increases, you can earn money by selling the stock at a much higher rate.

Plus, many stocks or mutual funds pay dividends (a percentage of the company’s earnings) each quarter.

The dividends you earn on your investments often get re-invested in the company, so the amount of stock you own and the value of that stock will keep on increasing.

Although there’s no guaranteed rate of return when you invest, the average is around seven percent per year.

Whether your goal is to save for retirement, put aside money for your kids’ education or save up a down payment for a house, investing can help you get there.

There are so many companies that you can invest in and to save you the hassle of searching, we have identified the best 10 investment companies in South Africa that you can trust with your hard-earned money.

Top 10 Investment companies in South Africa

1. AllanGray

AllanGray is one of the largest well-known investment companies, since its establishment in 1973 their aim has always been to create financial security for anyone willing to invest with them.

They offer a wide range of investment plans and products such as saving for retirement or a child’s education and tax-free investment. They also offer offshore investment services to anyone who would like to venture into the global market.

2. Stanlib

Stanlib has been in operation since the year 2002 and it started as a joint venture between Standard Bank of South Africa and Liberty Life.

Since its inception, they have achieved a lot and have grown in their capabilities to meet the needs of their clients over time and offer alternative ways to achieve investment growth and capital preservation.

They offer expertise across a wide range of investment disciplines and today they manage around R600 billion worth of assets. They have offshore investments for those who want to put their money in foreign assets.

Their products are classified under income, stable growth, and offshore, making it more convenient for investors to choose the fund they would like to invest in.

3. Prudential Investment Managers

To achieve your financial goal investing with Prudential Investment Managers would not be a bad idea as they are one of the largest investment companies, holding over R250 billion worth of funds.

They offer a wide range of unit trusts that include equity funds, balanced funds, property funds, income funds, tax-free funds, and offshore investments.

4. Coronation

Coronation is best for people that would like to invest for retirement purposes.

Founded in 1993, they are focused on asset management and in December 2020 it was recorded that they manage R594.7 billion in client assets.

They offer pension and provident funds, medical schemes, unit trusts, banks, insurers, and other fund managers.

They also manage assets for a growing number of international retirement funds, endowments, and family offices.

5. Investec

With nearly 200 years in operation, Investec has been helping a lot of people meet their financial goals.

It is amongst the best companies that can assist you in growing your wealth with optimal returns on your capital.

6. iTransact Fund Managers (IFM)

Intrasact Fund Managers offer a collective of investment schemes with various investment objectives ranging from value investing to ultra-conservative.

They provide a range of funds open to investment from both retail and institutional investors.

7. Absa

Absa is also part of the best investment management companies in South Africa.

Depending on what you would like to achieve with your money, their investment products, expertise, and capabilities will help you grow your money, generate an income and also protect your capital.

Their investment options include unit trusts, tax-free investments, retirement annuity fund, investment account, offshore investments, and linked endowment.

8. Old Mutual

Old Mutual is one of the oldest and leading investment managers in Africa, offering a wide range of comprehensive investment capabilities.

They have been in the game for the longest time and have assisted millions of South Africans to achieve their goals.

9. Foord Balanced Fund

Similar to Coronation, Foord Balance Fund excel in retirement investments.

Their main goal is to grow retirement savings by meaningful, inflation-beating returns over the long term.

10. Fairtree Capital

Since its inception in 2003, Fairtree has achieved great things with the latest being the Best SA Equity General Fund on a risk-adjusted basis.

Knowing that you have put your money in an investment company can give you confidence and security for your future, knowing that you won’t have to worry about retirement, your children’s future, or whatever the case may be.

Your money will be handled by professionals who will easily pay off with the accumulated interest when you claim. The above-mentioned investment companies can be trusted so your money will be in good hands.

Do not waste any time, start working on your financial growth by putting your money at the right companies.