Globally Oriented, Locally Relevant Asset-Management Specialist

Fleming Asset Management Botswana, founded in 1994 from a business launched in 1987, was the country’s first independent asset-management enterprise. Today, the dynamic company has operations in Canada (Quebec), Australia (Perth) and the Cayman Islands and manages more than P12 billion (€922 million) in funds. In all its markets, Fleming Asset Management offers a full range of world-class asset-management and investment-advisory services. In Botswana, Fleming Asset Management is widely recognised as the country’s most successful asset-management and investment-services specialist.

Founder and CEO Peter van Riet-Lowe explains, “Fleming Asset Management delivers consistent, risk-adjusted returns for our clients. We are rooted in Botswana and are committed to developing the country’s capacity and skills. Fleming Asset Management Botswana has a skilled and experienced team in Gaborone, and has made substantial investments in the company’s process and operational capabilities.”

Thanks to its success in Botswana and in its international divisions, Fleming Asset Management is both “globally oriented and locally relevant,” Peter van Riet-Lowe points out. The company’s mission is to continue to be the preferred provider of asset-management and investment services in Botswana and in its other markets.

Expanding in Europe

Fleming Asset Management is currently planning to expand in Europe, where its new joint venture will be licensed this financial year and regulated by the UK’s financial-services authority. “We already operate in Europe and are looking to set up an office there by July 2015,” Peter van Riet-Lowe explains. While expanding internationally, Fleming Asset Management will also maintain its industry-leading role in Botswana, where the economy is growing by around 4.5% per year, almost double South Africa’s 2.8% average GDP growth rate. Fleming is currently involved in a project to build a new luxury hotel in Botswana.

Peter van Riet-Lowe is bullish on Botswana. He explains that the Fleming logo is a kukara (pelican), a bird found in Botswana’s wetlands. He says, “The kukara is a prudent creature which plans ahead, catching and keeping its fish in the large pouch under its bill to feed itself and its young. The pouch ensures that it has a far better return for its efforts than those birds that merely use their beak to catch single fish. The cornerstone of Fleming Asset Management’s investment endeavours is to work towards optimal long-term returns. At Fleming Asset Management, we believe that, by emulating the success of the kukara, we will achieve long-term prosperity for our clients, our communities and ourselves.”