RisCura
RisCura is a Cape Town-headquartered independent investment firm founded in 2001 that provides advisory, multi-management, fiduciary, and analytical services to African pension funds, asset managers, insurance companies, and sovereign wealth funds across 10+ jurisdictions with over $200 billion under advice.
- Company typePrivate
- Founded2001
- HeadquartersCape Town, South Africa
- Headcount101–250
- GTM typeB2B
- OfferingServices
What RisCura does
RisCura is a Cape Town-headquartered, privately held global investment firm founded in 2001 that delivers investment advisory, multi-management, fiduciary management, and institutional analytical services with a deep specialization in African and emerging market investments. The firm serves pension funds, asset managers, insurance companies, and sovereign wealth funds across South Africa, the broader African continent, the United Kingdom, and China, reporting more than $200 billion in assets under advice, reporting, and administration, with research coverage spanning 1,600+ asset managers and 3,000+ company valuations annually. Its core technology stack is anchored by proprietary research and analytics platforms including the Bright Africa annual research initiative, the Moving the Needle stewardship research program, the RisCura Africa RealView Index (RARI) for African equity markets excluding South Africa, the RisCView monthly performance ranking, the Impact Exposure Reporting Tool, and the Upshot scenario-analysis publication, supported by an integrated services platform spanning portfolio construction, manager selection, valuation, due diligence, modelling and quants, benchmarking, and compliance monitoring.
RisCura monetizes through subscription-based advisory retainers, multi-management and fiduciary management mandates with discretionary fund management capabilities, and professional-services revenue from portfolio analysis, valuation, due diligence, and bespoke research. Pricing is quote-based for institutional clients and not publicly disclosed. The firm operates through a wholly-owned subsidiary structure licensed across 10+ jurisdictions including South Africa (FAIS Cat I & II), Botswana (NBFIRA), Kenya (CMA), Mauritius (FSC Global Business Licence Cat 1), Zambia (CMAZ), Eswatini, Lesotho (Central Bank), and the UK (FCA via Exception Capital LLP), supplemented by office presence in Namibia, Nigeria, Zimbabwe, and Beijing. Its go-to-market is enterprise field sales targeting pension funds and asset managers, reinforced by thought-leadership content marketing (Bright Africa, Moving the Needle, Upshot), industry events such as SAVCA and CFA Society South Africa conferences, and partnerships with the IFC, Standard Bank, CFA Society South Africa, and ABSIP. Notable products include the Orient Opportunities China Equity Fund, which has surpassed R13.2 billion under management. Leadership comprises CEO Tshepiso Kobile, Chief Executive Malcolm Fair, CIO Jarred Glansbeek, Head of Investment Management Andrew van Biljon, Head of Global Research Faisal Rafi, and Head of Investment Advisory Prasheen Singh.
RisCura firmographics
Firmographics- Name
- RisCura
- Legal name
- RisCura Holdings Pty Ltd
- Website
- https://riscura.com
- Company type
- Private
- Founded year
- 2001
- Operating status
- Operating
- Headcount range
- 101–250 employees
- Short description
- RisCura is a Cape Town-headquartered independent investment firm founded in 2001 that provides advisory, multi-management, fiduciary, and analytical services to African pension funds, asset managers, insurance companies, and sovereign wealth funds across 10+ jurisdictions with over $200 billion under advice.
- Ownership category
- akta.pro rank
RisCura industry classification
Industry- Product category
- Institutional Investment Advisory and Management
- NAICS
- Portfolio Management and Investment Advice (523940)
- SIC
- Investment Advice (6282)
- akta.pro primary industry
- Institutional Consulting RIAs (OCIO/Endowments/Foundations/Pensions) (FSAAACAG)
- akta.pro secondary industries
- Portfolio Management–Led RIAs (Discretionary/Model-Based) (FSAAACAC), Registered Investment Advisor (RIA) Wealth Management (FSAEABAA), Corporate Retirement Plan Advisory RIAs (ERISA 401(k)/403(b)) (FSAAACAF)
Keywords
Where RisCura is headquartered
LocationHeadquarters
- HQ city
- Cape Town
- HQ country
- South Africa
- HQ region
- Africa
Offices11 records
Markets served
RisCura business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Personnel, Technology or R&D, Operations, Marketing or Sales, Infrastructure
Revenue model
- Investment Advisory Services: Strategic framework and advisory services for navigating complex investment landscapes, including manager selection and portfolio construction
- Investment Management: Multi-management and fiduciary management services with discretionary fund management capabilities
- Analytical and Research Services: Portfolio analysis, valuation, research, due diligence, and benchmarking services for institutional investors
Go-to-market motion1 record
Distribution channels2 records
Marketing channels6 records
RisCura product offering
Product offeringCore offering
RisCura provides institutional investment advisory, multi-management/fiduciary management, and portfolio analysis services to pension funds, asset managers, and insurance companies with a specialization in African and emerging market investments. The firm manages and advises on $200 billion in assets, offering investment strategy, manager selection, portfolio construction, valuation, due diligence, benchmarking, and proprietary research products such as the Bright Africa report, Moving the Needle stewardship research, and the RisCura Africa RealView Index (RARI).
Product overview
RisCura is a global, independent financial services firm offering an integrated platform of investment management, advisory, and analytical services primarily focused on emerging markets. The core offering spans three interconnected service areas: Expert Investment Management (Multi-Management, Fiduciary Management, Discretionary Fund Management), Specialist Advisory Services (Investment Advisory, Portfolio Construction, Manager Selection, Alternatives and Impact), and Analysis & Understanding (Portfolio Analysis, Valuation, Research, Due Diligence, Modelling & Quants, Benchmarking & Indexation). Supporting these are proprietary research publications including Bright Africa, Moving the Needle, and Upshot, as well as index products like the RisCura Africa RealView Index (RARI) and performance analytics tools such as RisCView.
Differentiator
Problem solved
Functional benefit
Products and services
- Investment Advisory Specialist advisory services for institutional investors providing strategic framework to navigate complex investment landscapes, including manager selection, strategic development, and tailored portfolio construction. Serves pension funds, asset managers, and insurance companies seeking African and emerging market investment expertise.
- Multi-Management Expert investment management services drawing on extensive specialist knowledge to mitigate risk and ensure growth across diverse portfolios for institutional clients including pension funds and asset managers.
- Portfolio Analysis Analytical services providing world-class research, accurate interpretation of information, and specialist analysis of investment data at every level for institutional investors.
- Fiduciary Management
Quantifiable outcome
- $200 billion in assets under advice, reporting, and administration
- +3 more outcomes
Companies that use RisCura
Customer profileNamed customers8 records
Segments4 records
Ideal customer profiles3 records
RisCura technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature6 records
RisCura partnerships and signals
Strategic signalPartnerships
Five partnerships are on record, tiered minor and core.
- Legae SecuritiesminorResearch partnership for co-publishing yield curve analysis reports. RisCura jointly carries print and distribution costs with Legae Securities. The partnership is determined by commitment to enterprise development and impact capability, with no financial benefit received from the partnership.
- International Finance Corporation (IFC)coreCo-research partnership for the comprehensive study on Sustainable Investment in Sub-Saharan Africa, involving over 160 investor and advisor interviews. The report represents one of the most comprehensive studies on sustainable investment in the region.
- CFA Society South AfricacorePartnership for the Day of the Girl initiative and Women in Investment Management program, providing career exploration opportunities for young girls in finance and investment sectors.
- Association of Black Securities and Investment Professionals (ABSIP)minorCollaboration through Pinnacle magazine publication featuring insights on Manager Development Programme aimed at supporting emerging black, women managers.
- ALT Capital PartnersminorPartnership related to the REimagine Impact Retail Fund, developing retail centres in underserved township and rural communities across South Africa.
Scale indicators5 records
Recent moves6 records
Expansion highlights6 records
RisCura competitors and assessment
Company assessmentRegional players
- Momentum Investments: South African investment manager with multi-management and institutional offerings. Direct overlap with RisCura in the local pension fund and multi-manager market.
- Old Mutual Investment Group: South African investment group serving institutional and retail clients across Africa. Existing RisCura client and competitor across multi-management and discretionary mandates.
Direct peers
- 27four Investment Managers: South African specialist multi-manager and investment advisor serving pension funds and institutional clients. Closely comparable to RisCura's multi-management and advisory offering in the local market.
- Sanlam Investments: Large South African investment group with multi-management, institutional and alternative investment capabilities. Competes with RisCura across advisory, multi-management and African alternatives.
- Alexforbes: South African-listed wealth and investment advisory firm focused on retirement funds, multi-management and institutional consulting. Direct competitor to RisCura in the South African pension advisory and multi-manager space.
- Ninety One: Dual-listed (LSE, JSE) emerging-markets and African specialist asset manager with strong institutional pension fund relationships. Competes with RisCura in EM/Africa investment management and research.
- Coronation Fund Managers: Independent South African asset manager offering multi-management, institutional and retail strategies. Overlaps with RisCura's multi-management, institutional and discretionary mandates.
Broad incumbents
- Mercer: Global investment consulting giant (Marsh McLennan) with established African institutional practice. Competes with RisCura for large African pension fund OCIO and advisory mandates, with much broader geographic and product reach.
- Willis Towers Watson: Global advisory firm offering investment consulting, manager research and risk services to institutional investors including African pension funds. Overlaps with RisCura's investment advisory and manager research capabilities.
- Aon: Global professional services firm with a substantial investment consulting practice. Competes with RisCura for African institutional advisory and fiduciary mandates, packaged with broader risk and health solutions.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat5 records
Key risks6 records
Key highlights7 records
Customer concentration
RisCura social profiles
Digital presenceRisCura compliance and trust
Trust signalCompliance10 records
RisCura financial estimates
Financial estimateRevenue estimate
Valuation estimate
RisCura leadership team
Management profileNumber of profiles
Profiles10 records
RisCura subsidiaries and ownership
Company hierarchySubsidiaries10 records
RisCura funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
RisCura M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about RisCura
What does RisCura do?
RisCura provides institutional investment advisory, multi-management/fiduciary management, and portfolio analysis services to pension funds, asset managers, and insurance companies with a specialization in African and emerging market investments. The firm manages and advises on $200 billion in assets, offering investment strategy, manager selection, portfolio construction, valuation, due diligence, benchmarking, and proprietary research products such as the Bright Africa report, Moving the Needle stewardship research, and the RisCura Africa RealView Index (RARI).
Is RisCura a public or private company?
RisCura is a private company. It is classified as unknown and is currently operating.
When was RisCura founded?
RisCura was founded in 2001. It employs 101 to 250 people.
Where is RisCura based?
RisCura is headquartered in Cape Town, South Africa, in the Africa region.
How does RisCura make money?
Three revenue lines are on record. Investment Advisory Services are the primary driver. The others are investment Management and analytical and Research Services.
Who are RisCura's main competitors?
Regional players on record are Momentum Investments and Old Mutual Investment Group. Direct peers are 27four Investment Managers, Sanlam Investments, Alexforbes, Ninety One and Coronation Fund Managers. Broad incumbents are Mercer, Willis Towers Watson and Aon.
Does RisCura have an API?
No public API is recorded for RisCura.
What industry is RisCura in?
RisCura's product category is Institutional Investment Advisory and Management. Its primary akta.pro industry code is FSAAACAG, Institutional Consulting RIAs (OCIO/Endowments/Foundations/Pensions), with a secondary code of FSAAACAC, Portfolio Management–Led RIAs (Discretionary/Model-Based). Its NAICS code is 523940 and its SIC code is 6282.