Patrice Rassou has been appointed chief investment officer (CIO) of Ashburton Investments, the asset management business of FirstRand Limited with effect from April 2020. This is a new role created to coordinate the various investment management activities of the FirstRand group.

Sizwe Nxedlana has been appointed CEO of Ashburton Investments, the asset management arm of the FirstRand group, with immediate effect. Sizwe replaces former CEO, Boshoff Grobler, who last month moved to a new role in FirstRand Group Treasury.

As a result of changes to UK tax legislation, non-UK resident investors will be subject to capital gains tax on gains made on all direct, and certain indirect, disposals of UK property.

On 12 July 2019, we announced that the Ashburton Investments SICAV – Africa Equity Opportunities Fund would be liquidated on 12 August 2019.

Further to our news story of 20 June 2019 the results of the Extraordinary General Meeting (“EGM”) for the Ashburton Replica Portfolio Limited are listed below.

Ashburton Investments has today, 12 July 2019, announced that following a review of our international fund range, the Ashburton Investments SICAV Board has decided that it is in the best interests of investors to close and liquidate the Africa Equity Opportunities Fund.

In February 2018, Ashburton Investments appointed FIL Pensions Management (“Fidelity”) as its investment advisor to Ashburton’s multi asset fund range.

On 25 March 2019, we announced that the Ashburton Investments SICAV – Global Energy Fund would be liquidated on 5 April 2019.

Ashburton Investments has today, 25 March 2019, announced that following a review of our international fund range, the Ashburton Investments SICAV Board has decided that it is in the best interests of investors to close and liquidate the Global Energy Fund.

On 29 January 2019 the merger of the Ashburton Investments SICAV - India Equity Opportunities Fund (“Ashburton India Fund”) with the IIFL Fund – IIFL India Equity Opportunities Fund (“IIFL India Fund”) was finalised.

Ashburton Investments is delighted to announce its co-sponsorship with Nedbank Private Wealth of The Arts Society Jersey from September this year.

Following the appointment of Tony Wilshin to Managing Director of Ashburton Investments International, the following staff have been promoted to senior positions in recognition of their commitment and value to the business.

Ashburton Investments has appointed Tony Wilshin to the role of Managing Director of its international business’ headquarters in Jersey.

Ashburton Investments won three Raging Bull Awards for its emerging market equity and fixed income solutions last night.

Ashburton Investments has strengthened its leadership team in Jersey by promoting Tony Wilshin, Stephanie Fox and Paul O’Toole.

Ashburton Investments (Ashburton), the investment management arm of the FirstRand Group, has further strengthened its multi asset team with three hires in its London office.

Ashburton Investments (Ashburton), the investment management arm of the FirstRand Group, has strengthened its equity research capabilities by hiring Robert Lea as Head of Global Equity Research.

Jersey-based fund manager, Craig Farley, has been awarded a top performance ranking for the equity fund that he manages.

Ashburton Investments’ Luxembourg-domiciled Global Energy Fund has been recognised for outstanding performance with a Thomson Reuters Lipper® Fund Award in an event held in the City of London.

Ashburton Investments SICAV (“SICAV”) On 3 March 2017, the following update was sent to all shareholders of the India Equity Opportunities Fund and India Fixed Income Opportunities Fund (“Sub-Funds”).