– Herman Bosman
– Herman Bosman
Our objective is to create value for our shareholders over the long term, through both an attractive dividend yield and an increase in intrinsic value. To achieve this, we have three strategic priorities.
The financial services landscape is an extremely dynamic environment. For us, it is important to retain and enhance the current market positions and business models of our underlying investments through strategic dialogue with our management teams. In addition to active involvement in the existing portfolio, we plan to expand our investment portfolio through opportunities across a wide spectrum of scale and life cycles of financial services businesses. We are evaluating the potential of adding a significant “traditional” financial services business which can create a fifth pillar in the portfolio. While evaluating traditional acquisition opportunities, it is equally important to identify the emergence of new concepts and businesses by partnering with industry-changing entrepreneurs.
We will also be investing in next generation businesses (including disruptive fintech and other early phase concepts) which can grow into significant businesses. In order to identify and support next generation investments, we have established AlphaCode, a newly launched next generation financial services platform. AlphaCode seeks to create a next generation financial services ecosystem by bringing together entrepreneurs, intrapreneurs, industry experts and thought leaders to connect, share knowledge and shape the industry. It is supported by a physical workspace and virtual platform. To maintain this balance between growth and yield, we have appointed an investment team to identify opportunities across the broader South African and African financial services landscape. The opportunities will initially be South African-focused and will include buy and build possibilities across a wide spectrum of financial services businesses.