Private company

Coronation Fund Managers

Logo: Trafficfundi, CC BY-SA 3.0, via Wikimedia Commons4

South African fund management company

Coronation Fund Managers, often referred to simply as Coronation, is a South African independent asset management company headquartered in Cape Town. The firm manages capital for institutional and retail investors, utilizing a long-term, valuation-driven investment philosophy. Coronation operates across major South African metropolitan areas and maintains an international presence through offices in Ireland and the United Kingdom, as well as a joint venture with Namibia Asset Management in Namibia.2 Wikipedia text CC BY-SA 4.0

Last updated Oct 21, 2026.

Overview

  • HeadquartersCape Town1
  • Legal formPublic Company3
  • LEI3789001BC9A294E6FF773
  • StatusActive3
  • LEI statusIssued and current3
  • Registered address7th Floor MontClare Place, 7708 Cape Town, South Africa3
  • Registered withCompanies and Intellectual Property Commission, 1973/009318/063

Coronation Fund Managers, often referred to simply as Coronation, is a South African independent asset management company headquartered in Cape Town. The firm manages capital for institutional and retail investors, utilizing a long-term, valuation-driven investment philosophy.2

Corporate structure

Coronation Fund Managers sits at the top of its group. 8 entities, 5 countries on record. Switch between the flow chart and the network, and select any entity to see its details.

  • Coronation Fund Managers Cape Town, South Africa
    • Bid Corporation Stake · 4.2% · Sandton, South Africa
      • Bidcorp Foodservice (Europe) Subsidiary · Slough, United Kingdom
        • Bidfood B.V. Subsidiary · 100% · Ede, Netherlands
        • BIDFOOD IBERIA SL Subsidiary · 100% · Madrid, Spain
        • BIDFOOD SPAIN S.L.(SOCIEDAD UNIPERSONAL) Subsidiary · Prat de Llobregat, El, Spain
      • Bidfood Czech Republic Subsidiary · Kralupy nad Vltavou, Czechia
        • Bidfood Dysina a.s. (Bidfood Dýšina a.s.) Subsidiary · 100% · Dýšina, Czechia

Built from parent and subsidiary links from GLEIF, the Global Legal Entity Identifier Foundation (CC0); subsidiaries, stakes and holdings from Wikidata (CC0). Each entity in the chart links to its source.

What it owns

What Coronation Fund Managers reports owning in its annual reports to the SEC: buildings, land and equipment, real estate and locations, investments, intangible assets and inventory, at the end of its latest fiscal year and a year before.

Stakes and holdings (Wikidata)

Things Wikidata records the company as owning, with the share when stated.1

The story

History

Coronation Fund Managers commenced operations in Cape Town in 1993, as an independent asset management company operating without tied distribution channels. Since its establishment, the firm has grown its asset base organically. International expansion began in the late 1990s, with the opening of an office in Dublin in 1998 and in London in 1999.

In June 2003, Coronation Fund Managers was listed on the Johannesburg Stock Exchange (JSE). That same year, it became the first South African asset manager to achieve compliance with the Global Investment Performance Standards (GIPS).

In 2008, Coronation launched two Africa portfolios.

Transformation

Coronation has participated in several initiatives aimed at economic transformation within the Southern African financial services sector. These include the launch of Namibia Asset Management (1996), the funding of African Harvest Asset Management (1999), and the establishment of Kagiso Asset Management (now Camissa Asset Management) in 2001. In 2018, the firm partnered in the launch of Intembeko Investment Administration.

In 2005, Coronation established the Imvula Trust to facilitate direct black ownership. In November 2024, shareholders approved a Broad-Based Black Economic Empowerment (B-BBEE) transaction that increased the company's effective black ownership to 52% as measured by the Financial Sector Code. This transaction was named the Exxaro BEE Deal of the Year by DealMakers in 2024. The firm has maintained a Level 1 B-BBEE contributor status since 2021.

From Wikipedia’s article on Coronation Fund Managers, shared under CC BY-SA 4.0.5

Products and brands

Coronation operates across South Africa, the United Kingdom, and Ireland, and maintains a strategic partnership with Namibia Asset Management. Its client base includes pension funds, medical schemes, family offices, and individual investors.

The firm offers funds across various asset classes, including multi-asset, equity, fixed income, and hedge funds. It cover developed and emerging markets, as well as specific African mandates.

From Wikipedia’s article on Coronation Fund Managers, shared under CC BY-SA 4.0.5

Subsidiaries and ownership

Also owns

From Wikidata.1

Timeline

  1. Jul 30, 1973Founded Coronation Fund Managers is founded3