Aeon Investment Management

What Aeon Investment Management does

Aeon Investment Management (Pty) Ltd is a privately held, Level 1 B-BBEE boutique investment management firm founded in 2005 and headquartered in Claremont, Cape Town. The firm manages a focused lineup of five funds — three segregated institutional mandates (Aeon Active Equity Fund, Aeon Balanced Fund targeting CPI +5%, and Aeon Global Active Equity carve-out) and two retail CIS unit trusts distributed via the Prescient platform (Aeon Active Equity Prescient Fund and Aeon Balanced Prescient Fund) — for retirement funds, pension funds, and individual investors. Assets under management grew from R100m at inception to R31,173m as at 31 December 2025.

The firm operates a Growth At a Reasonable Price (GARP) investment philosophy built around a proprietary Implied Growth vs Sustainable Growth (IG vs SG) valuation framework, supplemented by a Macro Economic Model, a Fear/Greed sentiment model, a Currency Model, and real-time portfolio monitoring. It is a UNPRI signatory (since 2014), a CRISA-aligned manager, and an authorised Financial Services Provider (FSP No. 27126), with exceptional PRI ratings maintained for seven consecutive years.

Revenue is generated through management fees on segregated institutional mandates and CIS unit trusts; specific fee percentages are not publicly disclosed but are described as competitive. Distribution is relationship-led for institutional clients and channel-led via Prescient for retail, with no social-media-driven acquisition. The leadership team is led by founder/CEO Asief Mohamed and CIO Muneer Ahmed, supported by senior portfolio manager Jay Vomacka and a research team.

Name

Aeon Investment Management

Legal name

Aeon Investment Management (Pty) Ltd

Website

https://aeonim.co.za

Company type

Private

Founded year

2005

Operating status

Operating

Headcount range

1–10 employees

Short description

Aeon Investment Management is a Cape Town-based Level 1 B-BBEE boutique investment manager managing R31,173m across segregated institutional mandates and retail CIS funds for South African retirement funds and individual investors using a proprietary GARP-based IG vs SG valuation framework.

Ownership category

akta.pro rank

Product category

Investment Management Services

NAICS

Portfolio Management and Investment Advice (523940), Open-End Investment Funds (525910)

SIC

Investment Advice (6282)

akta.pro primary industry

Values-Based/ESG & Impact-Focused RIAs (FSAAACAK)

akta.pro secondary industries

Sustainable/ESG Equity (Active) (FSAAAIAM), ESG Integration (Mainstream ESG-Tilted Strategies) (FSAAALAA), Multi-Asset ESG / Sustainable Allocation Strategies (FSAAAJAK)

Keywords

• Equity portfolio management
• Multi-asset balanced funds
• Institutional asset management
• Collective investment schemes
• Responsible investment management

Headquarters

HQ city

Cape Town

HQ country

South Africa

HQ region

Africa

Offices1 record

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

Personnel, Operations, Technology or R&D, Marketing or Sales, Supply Chain, Others

Revenue model

1. Investment Management Fees: Charges management fees for managing institutional segregated portfolios and retail CIS funds. The firm emphasizes competitive management fees with focus on minimizing all client costs to maximize after-fee returns. Fee structure includes different classes (A1 Fee Class, A2 Management Fee class) for retail funds.

Go-to-market motion2 records

Distribution channels3 records

Marketing channels5 records

Core offering

Aeon Investment Management is a boutique investment management firm that manages segregated institutional portfolios across equity and multi-asset balanced asset classes, alongside Collective Investment Scheme (CIS) unit trust funds distributed via the Prescient platform for retail investors. All offerings are built on a Growth-at-a-Reasonable-Price (GARP) philosophy and the proprietary Implied Growth vs Sustainable Growth (IG vs SG) valuation framework to deliver benchmark outperformance across complete market cycles. The firm applies UNPRI-aligned ESG integration and CRISA principles, with AUM growing from R100m at inception to R31,173m by 31 December 2025.

Product overview

Aeon Investment Management operates as a boutique investment management firm offering a focused portfolio of five distinct fund products across institutional and retail investor segments. The institutional suite comprises three segregated mandates: the Aeon Active Equity Fund (equity-only), the Aeon Balanced Fund (CPI +5%) targeting multi-asset class returns, and the Aeon Global Active Equity (Carve-Out) for global equity exposure. For retail investors, the firm offers two CIS (Collective Investment Scheme) unit trust products—the Aeon Active Equity Prescient Fund and the Aeon Balanced Prescient Fund—which mirror the investment philosophies of their institutional counterparts. All products are unified by the firm's GARP (Growth At a Reasonable Price) investment philosophy and Implied Growth vs Sustainable Growth (IG vs SG) valuation framework, delivering consistent outperformance across complete market cycles.

Differentiator

Problem solved

Functional benefit

Brands

• Aeon Global Active Equity: A bottom-up global equity strategy that invests in undervalued companies with sustainable earnings growth, aiming to deliver superior risk-adjusted returns across market cycles.

Products and services

• Aeon Active Equity Fund A segregated institutional equity portfolio managed with a Growth At a Reasonable Price (GARP) philosophy, combining fundamental and quantitative analysis to deliver outperformance over a complete market cycle. Targeted at institutional retirement and pension fund clients.
• Aeon Balanced Fund (CPI +5%) Institutional multi-asset class fund targeting inflation-beating returns (CPI +5%) by investing across equity, listed property, fixed income and money market asset classes using the Implied Growth vs Sustainable Growth framework. Targeted at institutional investors.
• Aeon Global Active Equity (Carve-Out) A bottom-up global equity strategy that invests in undervalued companies with sustainable earnings growth, aiming to deliver superior risk-adjusted returns across market cycles. Targeted at international institutional investors.
• Aeon Smart Multi-Factor Equity Prescient Fund Launched in 2011 as part of Aeon's smart multi-factor equity offering for investors seeking factor-based equity exposure through the Prescient platform.
• Aeon Active Equity Prescient Fund (CIS) A Collective Investment Scheme in Securities providing retail investors access to the same GARP-based equity investment philosophy and process as the segregated institutional Aeon Active Equity Fund. Targeted at retail investors via the Prescient platform.
• Aeon Balanced Prescient Fund (CIS) A retail multi-asset class unit trust fund targeting inflation-beating returns by diversifying across domestic and global equity, listed property, fixed income and money market assets. Targeted at retail investors via the Prescient platform.

Quantifiable outcome

• CPI+5% benchmark outperformance target for balanced fund over complete market cycle
• +1 more outcomes

Segments2 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature5 records

Partnerships

One partnership is on record.

• SA-H2 Fund Managers (Pty) LtdminorOthersJoint venture between Climate Fund Managers (CFM), a climate-focused blended finance investment manager, and Invest International, the Dutch development finance institution. Aeon CEO Asief Mohamed serves as Independent Non-Executive Director at SA-H2.

Scale indicators9 records

Recent moves6 records

Expansion highlights5 records

Direct peers

• Abax Investments: South African boutique asset manager offering segregated equity and balanced mandates to retirement funds; directly comparable boutique positioning, GARP-adjacent philosophy, and institutional client base.
• Foord Asset Management: Privately held South African boutique asset manager with a long-term, valuation-disciplined philosophy; competes with Aeon for institutional retirement fund mandates and retail CIS flows.
• Allan Gray: South African boutique asset manager with similar fundamental, long-term investment philosophy and institutional/retail dual-channel distribution; one of Aeon's closest direct competitors in the local retirement fund market.
• Coronation Fund Managers: JSE-listed South African asset manager offering active equity and balanced funds to institutional and retail clients; competes directly with Aeon in pension fund mandates and CIS unit trusts.
• Ninety One: South African-founded global asset manager (formerly Investec Asset Management) with active equity, multi-asset, and ESG-tilted strategies; directly comparable product suite and global equity capability to Aeon's Global Carve-Out.
• Camissa Asset Management: South African boutique asset manager (previously First Avenue), part of the Camissa group, with active equity and balanced fund offerings for institutional and retail clients.
• Truffle Asset Management: South African boutique asset manager focused on active equity and multi-asset strategies for institutional and retail clients; a similarly sized competitor to Aeon in the domestic retirement and CIS markets.

Emerging players

• 27four Investment Managers: South African emerging manager platform and asset manager with a strong ESG/sustainable investing focus; overlaps with Aeon in the institutional retirement fund ESG segment and is itself an awards body that has recognised Aeon.

Broad incumbents

• STANLIB: One of South Africa's largest asset managers, part of Standard Bank Group, offering a wide multi-asset and equity product range; competes with Aeon for institutional retirement fund mandates with greater scale and broader capability.
• Sanlam Investments: Large South African asset manager within the Sanlam group offering institutional and retail investment products including balanced, equity, and ESG funds; a broad incumbent competitor in retirement fund mandates.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat4 records

Key risks6 records

Key highlights7 records

Customer concentration

• LinkedInza.linkedin.com/company/aeon-investment-management-pty-ltd-

Compliance4 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles11 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 Aeon Investment Management