What Laurium Capital does

Laurium Capital is an independent South African asset management firm founded in 2008 by Murray Winckler and Gavin Vorwerg, both former Deutsche Bank senior executives. The firm manages over R86 billion in assets under management across a diversified fund range spanning ZAR unit trusts (income, stable, balanced, flexible, and equity strategies), retail and qualified investor hedge funds, Africa-focused fixed income and equity funds denominated in USD, and Irish UCITS global equity funds in USD, GBP, and ZAR. All funds are CISCA-compliant, with Regulation 28 compliance for applicable retirement-oriented portfolios, and the firm is FSCA-authorised (FSP No. 34142), a UN PRI signatory since 2018, and a Level 1 B-BBEE contributor since 2022.

The firm operates from three offices in Johannesburg (headquarters), Cape Town, and London, with a 30+ person team that combines over 300 years of collective investment experience. Laurium distributes primarily through more than 18 South African LISP platforms (Allan Gray, Glacier, Momentum Wealth, Old Mutual Wealth, STANLIB, Sygnia, Ninety One, Discovery, Easy Equities, and others) and international platforms (Allan Gray International, Investec, Old Mutual International, Sanlam Private Wealth, Swissquote), with direct investment access via its website. The firm also runs white-label/sub-advisory mandates for Amplify SCI, PPS, Curate, and Nedgroup Investments, providing a second distribution channel into institutional and platform-wrapped capital.

Laurium generates revenue through recurring management fees on its AUM base, with no pricing or revenue figures publicly disclosed. Its client base spans retail investors accessing unit trusts and retail investor hedge funds, high-net-worth individuals using qualified investor hedge funds and offshore UCITS structures, and institutional investors (pension funds, insurers) requiring Regulation 28 compliance and ESG integration. The firm is owner-managed with equity spread across the business and aligned via staff co-investment in the funds, and The Disa Trust is identified as a significant shareholder.

Name

Laurium Capital

Legal name

Laurium Capital (Pty) Ltd

Website

https://lauriumcapital.com

Company type

Private

Founded year

2008

Operating status

Operating

Headcount range

11–50 employees

Short description

Laurium Capital is an independent South African asset manager managing over R86 billion across ZAR unit trusts, hedge funds, Africa funds, and Irish UCITS vehicles, serving retail, high-net-worth, and institutional clients via LISP platforms and white-label mandates.

Ownership category

akta.pro rank

Product category

Asset Management

NAICS

Open-End Investment Funds (52591), Open-End Investment Funds (525910), Other Investment Pools and Funds (5259), Funds, Trusts, and Other Financial Vehicles (525)

SIC

Investment Advice (6282)

akta.pro primary industry

Comprehensive/Full-Service RIAs & Independent Wealth Managers (FSAAACAA)

akta.pro secondary industries

Balanced & Allocation (Multi-Asset) Funds (FSAAAEAD), Alternative Investments for Private Wealth (Hedge Funds, PE/VC Access, Private Credit) (FSAAABAI), Alternative Mutual Funds (Liquid Alts) (FSAAAEAH)

Keywords

• Asset management
• Investment funds
• Hedge funds
• Unit trusts
• Wealth management

Headquarters

HQ city

Cape Town

HQ country

South Africa

HQ region

Africa

Offices3 records

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

Personnel, Operations, Marketing or Sales, Technology or R&D, Infrastructure

Revenue model

1. Investment Management Fees: Laurium Capital generates revenue through management fees charged on its range of funds, including SA unit trusts, hedge funds, Africa funds, and global UCITS funds. The firm manages over R86 billion in assets under management across diverse fund structures.

Go-to-market motion3 records

Distribution channels4 records

Marketing channels5 records

Core offering

Laurium Capital is an independent South African asset manager that manages and distributes a diversified suite of regulated investment funds. Its offerings span South African unit trusts (income, stable, balanced, flexible, equity), retail and qualified investor hedge funds (market neutral, long/short, enhanced growth), Africa-focused fixed income and equity funds, and global equity funds denominated in ZAR, USD, and GBP, together with tax-free savings accounts and white-label mandates for institutional clients.

Product overview

Laurium Capital is an independent South African asset management company offering a diversified suite of investment products across multiple asset classes and geographies. The portfolio comprises: SA Unit Trusts (7 funds spanning income, stable, balanced, flexible, and equity strategies); Retail and Qualified Investor Hedge Funds (5 funds including market neutral, long/short, and enhanced growth strategies); Africa Funds (3 funds covering Africa fixed income and equity in USD); Global Funds (3 funds offering global equity exposure in USD, GBP, and ZAR); and Tax-Free Savings Accounts. All funds comply with CISCA regulations, with Regulation 28 compliance for applicable portfolios. The firm manages over R86 billion in assets under management as of 2025.

Differentiator

Problem solved

Functional benefit

Products and services

• Laurium FR Strategic Income Fund A low-risk income fund that aims to outperform cash benchmarks. Regulation 28 compliant. Targeted at conservative South African investors seeking capital-stable yield.
• Laurium Stable Prescient Fund A low to moderate-risk stable fund targeting inflation plus 3% returns. Regulation 28 compliant. Targeted at investors seeking modest real returns with capital preservation focus.
• PPS Stable Growth Fund A moderate-risk stable growth fund targeting inflation plus 4% returns. Regulation 28 compliant. Targeted at PPS members seeking a stable multi-asset solution.
• Amplify SCI Balanced Fund A moderate to high-risk balanced multi-asset fund targeting peer average South African Multi Asset High Equity returns. Regulation 28 compliant. White-label mandate managed by Laurium for Amplify SCI clients.
• Laurium Flexible Prescient Fund A moderate to high-risk flexible fund targeting inflation plus 5% returns. Regulation 28 compliant. Targeted at investors seeking flexible multi-asset exposure.
• Laurium SA Flexible Prescient Fund A moderate to high-risk flexible fund targeting inflation plus 5% returns. Regulation 28 compliant. Targeted at South African investors seeking flexible multi-asset exposure.
• Nedgroup Investments SA Equity Fund A high-risk South African equity fund targeting SA Equity Market returns. White-label mandate managed by Laurium for Nedgroup Investments.
• Laurium Equity Prescient Fund A South African equity unit trust further diversifying Laurium's long-only range.
• Laurium Balanced Prescient Fund A balanced multi-asset unit trust launched to give investors a diversified SA solution.
• Laurium Market Neutral Prescient RI Hedge Fund A low to moderate-risk market neutral strategy hedge fund targeting STeFI returns. Retail Investor Hedge Fund (RIHF) available to all investors.
• Laurium Long Short Prescient RI Hedge Fund A moderate to high-risk long/short strategy hedge fund targeting STeFI returns. Retail Investor Hedge Fund (RIHF) available to all investors.
• Laurium Enhanced Growth Prescient RI Hedge Feeder Fund A moderate to high-risk hedge fund feeder targeting STeFI returns. Retail Investor Hedge Fund (RIHF) available to all investors. ZAR-denominated feeder into the USD UCITS Enhanced Growth Hedge Fund.
• Laurium Enhanced Growth Hedge Fund (USD UCITS) An aggressive-risk USD-denominated hedge fund available only to qualified investors. UCITS-regulated structure domiciled in Ireland.
• Laurium Aggressive Long Short Prescient QI Hedge Fund

Named customers4 records

Segments4 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

Six partnerships are on record, tiered minor and core.

• CurateminorStrategic or Co-development Partner · 1 January 2024Laurium was appointed to manage the Curate Momentum Equity Fund in 2024, expanding its equity fund range.
• Nedgroup InvestmentscoreStrategic or Co-development Partner · 1 January 2021The Nedgroup Value Fund merged into the Nedgroup/Laurium SA Equity Fund in 2021, with Laurium managing the combined equity strategy.
• Tantalum CapitalcoreStrategic or Co-development Partner · 1 January 2020Laurium acquired Tantalum Capital in 2020 to strengthen its investment capabilities. Tantalum was a boutique investment firm, and key talent from Tantalum (Rob Oellermann as CIO and Mike Lawrenson as Head of Research) joined Laurium's investment team in December 2020.
• Amplify SCIcoreStrategic or Co-development Partner · 1 January 2020Laurium Capital was selected to run the Amplify SCI Balanced Fund in 2020, expanding its multi-asset offering through a white-label/sub-advisory mandate.
• PPScoreStrategic or Co-development Partner · 1 January 2020Laurium Capital was selected to run the PPS Stable Growth Fund in 2020, a multi-asset stable growth fund targeted at PPS members.
• United Nations Principles for Responsible Investment (UN PRI)coreOthers · 1 January 2018Laurium Capital became a signatory to the UN Principles for Responsible Investment (UN PRI) in July 2018, formalising its ESG commitment. The firm also aligns with CRISA (Code for Responsible Investing in South Africa) and Regulation 28 of the Pension Funds Act.

Scale indicators5 records

Recent moves13 records

Expansion highlights6 records

Direct peers

• Ninety One: South African-headquartered global asset manager with comparable fund ranges spanning SA equity, multi-asset, Africa, and global equity strategies; one of Laurium's listed distribution platform partners as well as a competitor.
• Sygnia: South African asset manager offering multi-asset, equity, and hedge fund products; both a distribution platform partner for Laurium funds and a direct competitor in unit trust and balanced fund categories.
• Argon Asset Management: Smaller South African boutique asset manager focused on SA equities; Junaid Bray joined Laurium from Argon, indicating direct competition for talent and overlap in long-only SA equity mandates.
• Coronation Fund Managers: South African boutique asset manager offering multi-asset, equity, and hedge fund strategies via similar LISP distribution; several Laurium hires (Brian Thomas, Rob Oellermann, Mike Lawrenson, Tinashe Hove, Junaid Bray) came directly from Coronation, indicating closely competing talent and product overlap.
• Prescient: Boutique SA investment management and administration group; many Laurium funds carry the 'Prescient Fund' branding indicating Prescient as the management company/outsourced administration partner, creating direct product overlap and competitive overlap in retail hedge funds and unit trusts.
• Allan Gray: Largest SA-focused independent asset manager; offers balanced, equity, and offshore funds distributed through the same LISPs. Rob Oellermann began his career at Allan Gray, and the firm represents Laurium's principal competitive benchmark in unit trust AUM.
• BlueAlpha Investment Management: South African boutique asset manager with multi-asset and equity strategies; Kirsty Minor joined Laurium from BlueAlpha as Head of Operations and Finance, indicating comparable boutique scale and product overlap.
• Tantalum Capital: Boutique SA investment firm acquired by Laurium in 2020; prior to acquisition, Tantalum directly competed in long-only and multi-asset equity mandates. Founders Rob Oellermann and Mike Lawrenson transitioned to Laurium, illustrating the deep product and talent overlap.

Broad incumbents

• STANLIB: Large incumbent SA asset manager (part of Standard Bank Group) competing in balanced, equity, and hedge fund categories; simultaneously a distribution platform hosting Laurium funds. Multiple Laurium executives (Kim Zietsman, Jan Pieters, Tankiso Ngwenya) joined from STANLIB.
• Old Mutual Investment Group: Large incumbent SA asset manager with retail and institutional offerings; both a distribution platform partner (Old Mutual Wealth, Old Mutual International) and a competitor across multi-asset, equity, and alternative strategies. Zayaan Saban joined Laurium from Old Mutual.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights7 records

Customer concentration

• YouTubeyoutube.com/channel/UCpkSwaC8nZsPxYZ6eS7OQnA
• Xx.com/lauriumcapital

Compliance5 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles10 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Laurium Capital