Sygnia approves Cinnabar as Discretionary Portfolio Manager Cinnabar Investment

Management (Cinnabar) has been approved as a Discretionary Fund Manager by Sygnia Asset Management, one of South Africa’s leading investment companies. Windall Bekker, Global Head of Distribution and Director at Cinnabar, says the appointment is another significant milestone on Cinnabar’s journey to establish itself as the independent discretionary fund manager of choice. 

“Sygnia has built a name for itself as an innovator in its industry, both in its investment approach and its use of technology to collaborate with clients. In particular, its championing of index-linked investment vehicles has changed the South African investment landscape dramatically,” says Bekker. “Many independent wealth managers want to use the Sygnia platform because they see its benefits for their clients, and we are delighted we can offer it to them now. 

Bekker says that Sygnia is an important partner for Cinnabar given the latter’s drive to promote more offshore investing for South Africans eager to protect their assets from rand weakness and a struggling local economy. Cinnabar offers a full range of risk profiled model portfolios and, he says, being able to use the Sygnia platform with its successful rand denominated offshore funds will add enormously to Cinnabar’s capacity to introduce South African clients to more efficient solutions.