FundWorks signs Argon Asset Management for institutional client reporting
11 June 2008, London, UK & Cape Town, SA
FundWorks is pleased to announce that Argon Asset Management has licensed and will be implementing FundReports, FundWorks’ enterprise client reporting and communication platform. Argon Asset Management, based in Cape Town, will use FundReports for the production of Quarterly Investment Reports and Fund factsheets for their institutional clients.
Mothobi Seseli, Managing Director of Argon Asset Management said, “We have recognised the need to invest in solutions that can help us achieve our goals and to support Argon’s continued growth as we attract high profile institutional clients. We chose FundReports because it will bring efficiency and automation to our client reporting process and allow us to enhance our customer service.”
Bradley Mehl, Director of FundWorks SA comments, “The boutique asset management market in South Africa has enormous potential. The partnership with Argon is a milestone for FundWorks SA because it is our first venture into this niche market. The availability of FundReports as an enterprise solution or as a service strongly positions FundWorks to meet the needs of this specialist sector.”
Simon Rose, Managing Director of FundWorks added, “Argon’s decision to select FundReports confirms our ability to service the different sectors within the asset management market and further endorses our international business expansion program.”
About Argon Asset Management
Argon Asset Management (Pty) Ltd, with approximately ZAR5 billion in client assets under management, is a wholly owner managed investment management company which started operating in April 2005. Rated AAA+ in terms of its BEE credentials, Argon‘s organisational vision is to become a premier investment management business dedicated to meeting the needs of the broader investing community principally in the Southern Africa region. It believes that its success as an organisation lies in consistently meeting and exceeding client expectations across a range of predefined benchmarks. The generation of such success being predicated on, always putting client interests first, being an independent business, utilising an information advantage bestowing investment process and having exceptional human resources. Further information can be found at www.argonassetmanagement.co.za or email mseseli@argonasset.co.za
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