TEAM PROFILE 2015-06-09T14:02:18+00:00

INVESTMENT TEAM

Chief Investment Officer

Lo-bio

Qualifications

MSc Investment Management (Cass Business School. London)
BSc Business Administration (University of New Hampshire, USA)

Experience

Lo founded First Avenue in 2010 and has worked in the investment management industry for more than 20 years in various roles that span both the investment research and portfolio management functions.  His experience at analysing a variety of sectors in the market – industrials, financials, and resources – created a strong foundation for his current role as a portfolio manager. He has worked for STANLIB, the IDC, Investec Asset Management, and HSBC (USA).  Most recently, at STANLIB and the IDC, Lo headed up core investment propositions and served in senior management roles.  He also gained valuable exposure to corporate governance and strategic decision making when serving as a director on the board of various IDC-held investments.

Investment Analyst

Qualifications

MSc Engineering (University of the Witwatersrand, South Africa) (cum laude)
MBA (Wits Business School, South Africa) (cum laude)

Experience

Nadim has more than 10 years of experience in both industry analysis and analytical research. Prior to joining First Avenue, he fulfilled the role of Director: Industry Strategy & Insight at Oracle Corporation focusing on African markets. He has also spent four years as a project director at top-tier consulting firm Monitor Group founded by Michael Porter. At Monitor, Nadim gained exposure to multiple industries including telecoms, private equity, industrial, mining, FMCG, public sector and technology sectors. The experience of working directly with c-level executives on complex business problems brings a fresh perspective to the equity research at First Avenue. Prior to Monitor, Nadim worked as an analyst at Nedbank and an engineer at Siemens.

Investment Analyst

Qualifications

Bachelors Business Science (Finance Honours) (University of the KZN, South Africa)

Experience

Dhersan has more than ten years’ experience as an industrials analyst. Prior to joining First Avenue, Dhersan covered the healthcare and investment holding company sectors at UBS Investment Bank as a Director for 8 years. He was consistently ranked in the top 3 in these sectors in local analyst surveys. In addition, he was ranked as the #1 analyst in South Africa across all sectors in the Extel survey in 2014 and #1 in Emerging EMEA Healthcare in the Institutional Investor Survey in 2012 (2nd in 2011). While at UBS, Dhersan was also part of the team that listed Adcock Ingram in 2008. Dhersan has also worked at Kagiso Securities as a healthcare analyst.

Investment Analyst

Qualifications

Bachelor of Commerce (Accounting) (Bond University)

Experience

Anele has more than ten years of industry experience, of which over six were spent as an equity research analyst. She covered a range of sectors including Small Capitalisation Financials, Hotels and Leisure, and also assisted the frontline banks analyst. During this time, while at Credit Suisse Standard Securities, Anele received top internal institutional client ratings for the Small Capitalisation Financials sector. Prior to joining First Avenue, Anele worked for STANLIB as a research analyst in the multi-manager space for over three years.

Investment Analyst

Qualifications

B.Bus.Sci Actuarial Science Specialise in Quantitative Finance (University of Cape Town, South Africa)
MPhil in Mathematical Finance (University of Cape Town, South Africa)
CFA, FRM

Experience

Prior to joining First Avenue, Yanni worked for 3 years as an Investment Analyst covering the retail and listed property sectors at Aeon Investment Management in Cape Town. She has also worked for 2 years as an implementation and risk analyst at Stanlib, responsible for trade implementation and risk reporting.

OPERATIONS TEAM

Chief Operations Officer

Qualifications

B.Comm. Economics (University of Johannesburg, South Africa)
B.Comm. Investment Mgmt (Hons.) (University of Johannesburg, South Africa)
MBA (Edinburgh Business School, Scotland)

Experience

Jorge has more than 13 years experience across multiple areas within Operations. Prior to First Avenue, he worked at Nedbank Capital as a market risk analyst responsible for monitoring risk at the equity sales desk and prime broking trading desk. He has also worked at Stanlib Asset Management in multiple leadership roles including head of client reporting, head of performance and attribution, and head of projects in asset management ops. Jorge has also worked in the Stanlib quants team responsible for fund analysis and annuity portfolio analysis.

Operations Manager

Qualifications

Bcomm Financial Management (University of Pretoria, South Africa)
Bcomm Financial Management (Hons.) (University of Pretoria, South Africa)
Postgraduate Diploma in Compliance Management (University of Johannesburg, South Africa)

Experience

Prior to joining First Avenue, Henriette was a Performance Analyst at Cannon Asset Managers (Now Citadel) for 3 years for their domestic and international portfolios. She was responsible for the analysis of performance data and reporting. In addition, she was also part of the marketing and business development team and coordinated buy side company research. Most recently, she was an Investment Banking Consultant for Robert Walters (Sept 2013- May 2015). She has also worked in recruitment for Investment Banking and Asset Management industries.

Operations Manager

Qualifications

B.Comm. Finance (University of Natal, South Africa)
B.Comm. Financial Planning (Hons.) (University of Johannesburg, South Africa)
Postgraduate Diploma in Compliance Management (University of Johannesburg, South Africa)

Experience

In a career spanning more than 11 years, Neetin has acquired extensive knowledge regarding portfolio implementation, investment risk, regulatory compliance, investment compliance and strategic projects within the investment management industry. Prior to joining First Avenue, he worked at STANLIB Asset Management as the Head of Portfolio Implementation. This role formed part of the portfolio analytics, risk and implementation team in which he was responsible for trading and monitoring on all portfolios for both positional and investment risk divergences. He further developed and grew the implementation function within portfolio analytics, such that it became leverageable across all STANLIB investment divisions locally and globally. He also worked at STANLIB as the Compliance Manager across the various businesses responsible for regulatory matters. Prior to joining STANLIB, he worked at the Financial Services Board (FSB) as an Analyst responsible for the supervision of financial services providers.

Third Party Providers

First Avenue outsources certain back office functions to best-in-class providers.  These include:

Curo Fund Services

Fund Account and
Administrative Services

Moonstone

FSB Compliance

Global Continuity

Disaster Recovery
and Remote Backups

Certified Master Auditors

Financial Accounting

Uthanda ICT

Desktop and IT Support

Computershare

Company Secretarial
Services