Mazi Asset Management was founded in 2006by Malungelo Zilimbola
Have you ever wondered where the expression “cash cow” comes from?
In Nguni cultures, the cow, iMazi, is an excellent investment. As a symbol of wealth, status, and prosperity, cows are valued for their adaptability and resilience. They produce dividends regularly, in the form of milk. They boost capital growth each time they reproduce, and they can be sold to realise a capital gain. Cows deliver returns.
Mazi Asset Management uncovers unassuming investments in unexpected places; those that consistently provide positive returns with low maintenance and little risk.
Established in 2006 by Malungelo Zilimbola as one of the first black-owned hedge fund management companies in South Africa, Mazi has evolved into a Level 1 Broad-Based Black Economic Empowerment business with over R46 billion in assets under management.
With a diverse blend of investment, leadership, research and data expertise, we’ve delivered consistent results for retail, institutional, and individual clients.
Our consistent research-based approach to bottom-up investment led to the creation of South Africa’s Best Equity Fund* and earned us numerous accolades, including Best Performing Black-Owned Investment House and Fund Manager of the Year.
Mazi nurtures industry talent through the MaziGrad Talent Development Programme, which aims to grow black talent in the financial services industry.
Board of Directors
Boitumelo joined the Mazi board as an independent non-executive director in July 2020. She is a qualified Chartered Accountant (SA) with extensive experience in the financial services and capital markets. Tumi is the founder and director of Mohau Capital, a corporate finance advisory company. She is also a director of Mohau Equity Partners, an investment holding company. She previously worked in Investment Banking in corporate finance.
Boitumelo
Hlongwane
Independent Non-Executive Director
Ayanda
Mngadi
Independent Non-Executive Director
Malungelo
Zilimbola
Chief Executive Officer