Our History

James Frater

MA (Cantab), PGDA (UCT), CA (SA)

James was Managing Director and co-founder of Frater Asset Management. After graduating at Cambridge in 1987, James did the Conversion Course in Accounting at UCT. He Joined Deloitte & Touche to do his articles in 1990 and qualified as a chartered accountant in 1992. He then worked at Allan Gray Ltd as an equity analyst and portfolio manager until 1996. After leaving Allan Gray, he was a director and portfolio manager at Oasis Asset Management, which he left in 1998. Sadly, James passed away on 5 May 2006. James had a brilliant mind and profound investment insight and he never hesitated to transfer his knowledge and vision to others.

1998

In 1998 Frater Luyt & Associates was founded by James Frater.  The company's initial focus was on private client fund management.

2000

Our current Chairman, Anwah Nagia, joined the business.

In June 2000 the company was awarded the management of the Futuregrowth Pure (now Albaraka) Equity Fund (a unit trust with a restricted mandate based on Islamic principles). The company managed this fund until March 2005.

2001

Our current Chief Investment Officer, Terence Craig, joined the business.

In May 2001 the company name was changed to Frater Asset Management (Fraters).

In 2000 and 2001, management started positioning the company as an institutional fund manager. Fraters began to establish itself as the leader in shareholder activism, specifically in the promotion of corporate citizenship through constructive engagement.

In October 2001 the Fraters Earth Equity Fund and Fraters Flexible Fund were launched and Fraters was the first asset manager to publish its voting record and an abridged version of its Voting and Proxy Policy on its website.  

2002

In October 2002 the Fraters Real Income Fund was launched.  

2003

In March 2003 the Fraters Flexible Fund won the S&P Financial Mail Award for Best Flexible Fund over 1 year.

2004

In January 2004 the Futuregrowth Albaraka Equity Fund was awarded the ACI/Personal Finance Raging Bull Awards for the three years ending 31 December 2003 for:

  • Top Performing Fund - General Equity Sector
  • Most Consistent Performing Fund - General Equity Sector
  • Best Sortino Risk Adjusted Performing Fund - General Equity Sector

In March 2004 the S&P Financial Mail awarded FRATERS Best Smaller Asset Manager over 1 year.

In September 2004 Fraters launched its Pooled Retirement Products.  

2005

In February 2005 the Futuregrowth Albaraka Equity Fund was awarded the ACI/Personal Finance Raging Bull Award - Most Consistent Performing Fund General Equity Sector.

In February 2005 the Fraters Flexible Fund was awarded the ACI/Personal Finance Raging Bull Award - Top Performing Domestic Asset Allocation Fund.

In November 2005 Frater Unit Trust Management Company was launched.  

2006

In February 2006 the Fraters Islamic Equity Fund was launched.  

Our founder, James Frater, passed away in May 2006.  

2007

In 2007 the Fraters Earth Equity Fund was awarded the ACI/Personal Finance Raging Bull Award - Top performance on a Sortino risk-adjusted basis in the Domestic General Equity Sector for 5 years ending 31 December 2006.

In 2007 Fraters Flexible Fund won the ACI/Personal Finance Raging Bull Award - Top performance on a Sortino risk-adjusted basis in the Asset Allocation (Flexible) sector for 5 years ending 31 December 2006.

In December 2007, the J&J Group became shareholders in the firm. The J&J Group was founded by Jayendra and Jay Naidoo in 2000. They are a BBBEE company under DTI's Code of Good Practice with Level 4 BEE status level. There are more than 200,000 individuals invested in the J&J Group. Jayendra Naidoo was appointed to the Element Investment Managers' board.

2009

In August 2009 the company name was changed to Element Investment Managers. Element Investment Managers remains an independent, owner-managed and privately-held company providing discretionary investment management services to individuals, institutions and retirement funds.

In November 2009 the Element Balanced Fund was launched.

2010

In April 2010 the Element Islamic Balanced Fund was launched.

 
 

WE WERE THE FIRST SOUTH AFRICAN INVESTMENT MANAGER TO SIGN THE UNITED NATIONS PRINCIPLES FOR RESPONSIBLE INVESTMENT

WE ARE COMMITTED TO THE CODE FOR RESPONSIBLE INVESTING IN SOUTH AFRICA