Elias Masilela

Provides financial, life insurance, financial planning and credit solutions to individual and institutional clients

PIC is a long-term investor and believes that in the long-term markets revert there to their mean. The firm invests funds on behalf of pension, provident, social security or guardian funds through a mix of asset classes, such as: equities, fixed income and dealing, properties and unlisted investments. Investment strategies focus on fundamentally based processes.

Provides retail and institutional clients advisory and financial services

Functions as an Employee Stock Ownership Plan

EPPF emphasizes a long-term outlook and implements its investment strategy largely through a multi-manager arrangement. The primary objective is to earn a net real Rand investment return of at least 4.5 percent per annum over a rolling three-year period. In other words, the EPPF aims to earn an annual return of at least 4.5 percent after inflation (as measured by the South African Consumer Price Index), applicable taxes, and investment fees and costs. invest in assets that have long-term performance and risk characteristics. Their investments consist of fixed interest income (bonds), and money market investments, as well as listed equity and property shares and properties, private equity and hedge funds. Mostly these investments are in domestic markets, however there is reasonable exposure to international and African investments as well in line with the prescripts of applicable legislation.

Operates as an airport and provides investment, consultancy services for airports

Central bank

Provides onmarket services

Operates property development and management services