{"id":6749,"date":"2026-06-11T09:05:45","date_gmt":"2026-06-11T09:05:45","guid":{"rendered":"https:\/\/www.fintechpulse8.com\/?p=6749"},"modified":"2026-06-11T09:05:45","modified_gmt":"2026-06-11T09:05:45","slug":"alexforbes-grows-aum-to-r733bn","status":"publish","type":"post","link":"https:\/\/www.fintechpulse8.com\/?p=6749","title":{"rendered":"Alexforbes grows AuM to R733bn"},"content":{"rendered":"<p><\/p>\n<div id=\"textFreeArticle\">\n<p>Alexforbes saw assets under management (AuM) and administration grow 22% to R733 billion for the year ended 31 March 2026, supported by favourable markets and exceptional new business, particularly in retail and platform assets.<\/p>\n<p>Normalised profit rose 22%, while annualised institutional new business revenue increased 27% to R184 million. Retail new business flows were up 39% to R36.5 billion.<\/p>\n<p>Read:<br \/>Insights into SA\u2019s asset management industry<br \/>Alexforbes clinches top honour at 2026 Raging Bull Awards<\/p>\n<p>Normalised headline earnings per share were flat at 69 cents per share.<\/p>\n<p>A final cash dividend of 33 cents per share has been declared which, when added to the interim dividend of 24 cents per share, amounts to a total annual dividend of 57 cents per share.<\/p>\n<p>The total annual dividend is up 4% year on year.<\/p>\n<div class=\"visible-sm-block visible-xs-block m1010\">\n<div class=\"ad-container-wrapper\">\n<p>ADVERTISEMENT<\/p>\n<p>CONTINUE READING BELOW<\/p>\n<\/div>\n<\/div>\n<p><strong>Alexforbes share price<\/strong><\/p>\n<p>Chief executive Dawie de Villiers notes that the group has taken \u201cpractical steps to build a more relevant and adaptable business\u201d.<\/p>\n<p>Alexforbes is expanding its retail capability, deepening advice-led relationships and using technology to improve efficiency and relevance.<\/p>\n<p>As part of that strategy, the group has established a formal artificial intelligence capability with governance structures in place and has already deployed solutions across client servicing, analytics, risk management and operations.<\/p>\n<p>Alexforbes\u2019s results come against a backdrop of improving sentiment towards South Africa following Fitch\u2019s recent upgrade of the country\u2019s sovereign credit rating to BB from BB-, with a stable outlook.<\/p>\n<p>Read: South Africa secures first Fitch rating upgrade since 2005<\/p>\n<p>\u201cSouth Africa doesn\u2019t fall short on potential, it falls short on consistency,\u201d according to De Villiers.<\/p>\n<div class=\"visible-sm-block visible-xs-block m1010\">\n<div class=\"ad-container-wrapper\">\n<p>ADVERTISEMENT:<\/p>\n<p>CONTINUE READING BELOW<\/p>\n<\/div>\n<\/div>\n<p>\u201cWe\u2019ve got the depth, the talent and the willingness to do a lot better. But too often we lose ground because we don\u2019t stay disciplined or follow things through. The opportunity is there; it comes down to staying focused and getting the basics right over and over again.\u201d<\/p>\n<p><strong>Outlook<\/strong><\/p>\n<p>Looking ahead, Alexforbes expects the operating environment to remain volatile but sees opportunities for progress.<\/p>\n<p>\u201cThe next phase, for us and for South Africa, is really about doing the basics well and doing them consistently,\u201d De Villiers notes.<\/p>\n<p>Read: Alexforbes error causes tax pain for RA fund members<\/p>\n<\/p><\/div>\n<p>#Alexforbes #grows #AuM #R733bn<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Alexforbes saw assets under management (AuM) and administration grow 22% to R733 billion for the year ended 31 March 2026, supported by favourable markets and exceptional new business, particularly in&hellip; <\/p>\n","protected":false},"author":1,"featured_media":6750,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[9152,8836,677,9153],"class_list":["post-6749","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-investing","tag-alexforbes","tag-aum","tag-grows","tag-r733bn"],"_links":{"self":[{"href":"https:\/\/www.fintechpulse8.com\/index.php?rest_route=\/wp\/v2\/posts\/6749","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.fintechpulse8.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.fintechpulse8.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.fintechpulse8.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.fintechpulse8.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=6749"}],"version-history":[{"count":0,"href":"https:\/\/www.fintechpulse8.com\/index.php?rest_route=\/wp\/v2\/posts\/6749\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.fintechpulse8.com\/index.php?rest_route=\/wp\/v2\/media\/6750"}],"wp:attachment":[{"href":"https:\/\/www.fintechpulse8.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=6749"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.fintechpulse8.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=6749"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.fintechpulse8.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=6749"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}