Founded 1973 | Founder Allan W.B Gray | |
Area served South Africa, Namibia, Botswana, Lesotho, Swaziland, Nigeria and Kenya Key people Rob Dower (Chief Operating Officer), Andrew Lapping (Chief Investment Officer), Ian Liddle (Chairman) Products Retail unit trust products, Retirement products, Institutional segregated and pooled products Website | ||
Allan Gray is an investment management company from South Africa. The company also has offices in Botswana, Namibia and Nigeria, and maintains a close relationship with sister companies Orbis Investment Management and Allan Gray Australia. Its clients include institutional investors, individual investors, insurance companies, trusts, foundations and foreign institutions.
Contents
History
Allan Gray Investment Council was founded in October 1973 by Allan W.B Gray and won its first client in 1974.
In 1989 Allan W.B Gray set up Orbis Investment Management, an international investment management company.
In 1992, the firm was incorporated and changed its name to Allan Gray Limited.
In 1996, the firm opened an office in Windhoek, Namibia.
In 1998, Allan Gray started offering retail investment products.
In 2004, the firm established an office in Gaborone, Botswana.
In 2012, Allan Gray started serving Nigerian clients from their Lagos offices.
Operations
Allan Gray invests in assets across the African continent and employs approximately 1000 employees. The company’s Cape Town headquarters are in the Silo District of the V&A Waterfront. Silo One, the headquarter building, was the first in South Africa to be given a six-star green rating by the Green Building Council of South Africa.
Social Investment
Allan Gray’s social investment efforts are directed towards the Allan Gray Orbis Foundation and E2, which aim to educate potential entrepreneurs and provide them with financing. The Foundation is funded by an annual donation of 5% of Allan Gray Proprietary Limited’s pre-tax profit and a $150 million endowment from Allan W.B Gray. E2 owns 20% of Allan Gray Limited.