Ben Kodisang might have started out in traditional asset management – he was the first black member of the Liberty Asset Management investment team when he joined in 1996 – but he is now a prime mover in the alternatives sector.
There is little opportunity to build up a strong corporate culture to compare with, say, what Hendrik du Toit has built at Ninety One. There is too much restructuring and there have been too many changes in leadership at the life office-owned shops.” “And even if these shops provide skin in the game through some form of phantom equity, investment professionals will never feel that they actually own the business. It is not the same emotionally as owning your own business.
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