Futuregrowth Asset Management

Andrew Canter has served as Chief Investment Officer since 1999 and is the named portfolio manager on most of the firm's flagship fixed-income mandates. Investment decisions for private-market exposures — infrastructure debt, property credit — are made by an internal committee that reports to Canter, supported by sector-specialist teams.

The firm originates directly through long-standing relationships with project developers, government procurement agencies, and commercial banks involved in South African infrastructure. Futuregrowth's 2013 public stance on Eskom lending reinforced its reputation among borrowers as a credit-disciplined counterparty, which the firm reports has increased its access to direct origination opportunities.

Futuregrowth has publicly demonstrated a willingness to decline credit exposure to entities that fail its governance tests. In 2013 it suspended lending to several South African state-owned enterprises — Eskom, Transnet, and SANRAL — citing governance and capital-allocation concerns. The firm has maintained that it will not compromise its internal credit standards for yield.

Futuregrowth is not known for managing listed equity mandates. The firm's expertise and historical track record concentrate on fixed income — government and corporate bonds — plus unlisted credit in infrastructure, property, and developmental sectors.