Manager Wrap - STANLIB

1 STANLIB Multi-ManagerSTANLIB Multi-ManagerLubabalo Khenyane joins STANLIB Multi- Manager as a Portfolio Manager . Prior to this, Lubabalo worked at Investment Solutions for 10 Gokaran joins the team as an Operational Due Diligence Manager . She was previously at Liberty as a Senior Audit Manager for Liberty Group Internal Audit Services. Prior to this she spent some time at Citibank (SA) as a Financial Moodley has been promoted to Head of Manager Research within the STANLIB Multi- Manager Investment Team. Kamini joined in 2014 as a Manager Research Venter has been promoted to Head of Research and Development within the STANLIB Multi- Manager Investment Team.

2 Richo joined the Multi- Manager team in 2014 as a Research and Development Analyst focusing on research and development. He more recently assumed co-portfolio management responsibilities for balanced CIS Odayar recently moved internally to the STANLIB Multi- Manager Investment Team in her new role as a Research Analyst. She initially joined the Multi- Manager Operations Team in early 2014, responsible for implementation and MIS Moitsemang recently moved to the STANLIB Multi- Manager Operations Team as MIS and Portfolio Implementation Analyst. She joined the STANLIB Graduate Recruitment Programme in 2014 where she spent a year as an trainee Equity TA N L I BEulali van der Vyver joins STANLIB s Fixed Income team as an Assistant Money Market Portfolio Manager .

3 She joins STANLIB from Standard Bank where she held the position of Global Market Product Goncalves resigned from STANLIB to relocate to London. For the past five years, Christie had been working as a Portfolio Manager in the Fixed Income sanlam Group announced that Johan van der Merwe will step down as Chief Executive Officer. He will be succeeded by Robert Roux, the current Chief Operating Officer of SIM, with effect from 1 November 2015. Manager wrap Quarter 3, 2015A quarterly highlight of asset Manager events impacting the South African investment industryAs part of the business succession and continuity planning, Johan will remain on the sanlam Investments Board as a non-executive director and will continue to serve on a number of other subsidiary boards in a non-executive capacity.

4 Robert was appointed as Chief Operating Officer in 2005 and has worked alongside Johan on key strategic matters. He will form part of the sanlam Group Executive Committee and report to sanlam Group Chief Executive Officer, Ian Neethling joined the SIM Fixed Income team as Portfolio Manager and Research Analyst. He was previously a Credit Analyst and Portfolio Manager at Harar joined Investec as an Analyst working in the Credit team in London. He joins the firm after spending four years at Barclays Sedimo has been appointed as Portfolio Manager responsible for the management of Botswana equity and multi-asset portfolios at Investec Asset Management.

5 Prior to joining Investec, Kagiso was a Portfolio Manager at Fleming Asset Management Misplon has moved to the Quality team as an Analyst. She joined the firm as an Analyst within the Emerging Markets Fixed Income team, initially joining the team as an intern in Ntontela, who was an Analyst in the Frontier and Emerging Markets team based in Cape Town, has resigned. Amandla Mabona left Frontier and Emerging Markets team, where he was an Analyst to further his postgraduate an internal move, Khangwelo Nemukongwe, a Listed Property Analyst within MacroSolutions, resigned to join the Old Mutual Alternative Investments Wagner, Portfolio Manager of the Global Emerging Markets Fund resigned to pursue opportunities outside the industry.

6 Anwaar had eleven years of investment experience with OMIG. The Global Emerging Markets Fund will now be jointly managed by Feroz Basa and Siboniso Muriithi, an Analyst working for the African Frontiers Fund has resigned. He was based in the Kenyan Terblanche joined Coronation as an Analyst in the Global Frontiers unit. Prior to this, she worked in economic research and advisory services at Genesis Analytics and was a visiting researcher at the International Innovation Cooperation Centre in Seoul, South Luswazi joins the firm as a Research Assistant in the Equity Research team. He previously worked as an audit intern at Ernst & Vasey joined Coronation as a Fixed Income Analyst in the Fixed Income team.

7 Prior to this he worked for Investec Asset Management in London, focusing on multi-strategy fixed income funds within the multi-asset investment team. He previously worked on Standard Bank s currency and interest rate desks as a Research Analyst and appointed their new CEO, Shawn Stockgit, with effect from 1 October 2015. Shawn has over 20 years of investment experience in research, trading and portfolio management gained at STANLIB , SIM, Abvest Asset Management and Momentum Asset also announced the appointment of a Fixed Income team following the purchase of South Easter Fund Management. The team comprises Alastair Sellick, Ruen Naidu and Candice TA N L I B MULTI- Manager Manager wrap Quarter 3, 2015 PRESCIENTP rescient have appointed Raphael Nkomo as Chief Investment Officer, to take the place of Eldria Fraser who had been with Prescient for ten years.

8 Eldria has resigned to spend some more time with her FUND MANAGERSKaya Nodada, a junior Analyst, left Vunani to join Ntontela joins Perpetua as Equity Analyst. Prior to this, Khanyisa worked as an Analyst at Investec Asset Management, Absa Capital and Oasis Asset CapitalAndre Brink, a Resources Analyst, left Laurium to start a private equity initiative with a family TA N L I B MULTI- Manager Manager wrap Quarter 3, 2015