Zimbabwe

Overview

Imara Asset Management Zimbabwe (IAMZ) offers a comprehensive asset management service to private and institutional investors, tailoring portfolios to meet the individual requirements of our clients.

IAMZ was founded in 1998 and is one of the largest asset managers in Zimbabwe, managing segregated portfolios for Zimbabwe corporate pension funds as well as high net worth individuals, trusts and charities.

Imara Asset Management Zimbabwe is regulated by the "SECZ".

Click here for the Audited Results for the Year ended 31 March 2017.

  • Services – Private and Institutional

    Imara Asset Management, Zimbabwe offers a comprehensive asset management service to private and institutional investors, tailoring portfolios to meet its clients' requirements.

    Money Market Portfolios

    These portfolios are suitable for clients with short-term funds to invest
    The money market is particularly useful for investors requiring ready access to funds, investors needing regular income and clients that are risk averse

    Balanced Portfolios

    IAMZ manages long-term balanced portfolios comprising equities, money market and property (listed property companies) for clients wishing to grow their capital and preserve their wealth
    Portfolios can be structured to suit individual liquidity, income and risk requirements

    Pure Equity Portfolios

    These portfolios are suitable for investors wishing to maximise exposure to shares

    Imara Asset Management Zimbabwe Minimum Investment Requirements

    Equity:US$ 20,000
    Money Market:US$ 10,000
    (These may be subject to change without notice and fees are available on request.)
  • Product Offering
    IAMZ offers various Zimbabwe mandates including:
    Equity only where the benchmark is to beat the Zimbabwe Stock Exchange index.
    Pure money market with the aim to achieve high yields but with a close eye on risk.
    Balanced mandate that aims to beat inflation by investing in both equities and the money market.
    For clients seeking a regular income, an income and growth mandate is offered.
    IAMZ does not offer unit trusts.

    Our investment philosophy is premised on investing in businesses which achieve a high Return on Invested Capital through having competitive advantages in their respective industries. By being a larger player in the market, we have the access and skill to build up stakes in these companies at the right price, meaning we often take a contrarian view to the market, and let patience and compounding work its magic over time.

  • Investment Notes

    Click here for the latest Investment Notes.

  • Our Team

    John Legat

    John Legat Chief Executive Imara Asset Management Zimbabwe John Legat heads up the Asset Management operations of the Imara Group. He is based in Zimbabwe where he is also the chief executive of Imara Asset Management Zimbabwe which he established in 1998. This business is currently one of the leading pension fund and private client asset managers in Zimbabwe. John has extensive global experience gained from his thirteen years at GT Asset Management (UK) Ltd where he specialised in European equities before joining the Global Emerging Markets team at GT in 1990. In 1995 he launched and managed the GT Africa Fund, one of the first mutual funds of its kind. He is the manager of the Imara African Opportunities Fund and the Imara Africa Series.

    Jonathan Chew

    Jonathan Chew Director Chief Investment Officer Africa Jonathan obtained his BSc through Loughborough University. He started his career as an investment analyst covering the Asian emerging markets in 1979. He was CIO of Global Emerging Markets at GT Management (later LGT Asset Management) in Hong Kong between 1989 and 1997 before leaving to manage what is now the Imara Global Fund. Currently, he is the co-lead manager of the Imara African Opportunities Fund and manages the Imara Nigeria Fund.

    Jimmy Gass

    Jimmy Gass Treasury Portfolio Manager Imara Asset Management Zimbabwe Jimmy Gass has over thirty years experience in insurance and asset management and is a former director of Southampton Assurance.

    Simba Chopera

    Simba Chopera Chief Operating Officer Imara Asset Management Africa Simba has seventeen years experience in Finance and Investment banking having trained with Deloittes and worked for several listed companies in Zimbabwe and regional financial institutions at senior and executive level. Prior to this appointment he was the CEO of MBCA Capital Management.

    Beaullah Hove

    Beaullah Hove Chief Operations Officer Imara Asset Management Zimbabwe Beaullah Hove is the Head of Administration and Client Accounting, managing a strong back office team.

    Bevin Ngara

    Bevin Ngara Portfolio Manager Imara Asset Management Zimbabwe Bevin is the portfolio manager for Zimbabwe clients as well as an analyst for African Markets. Bevin has experience in both buy-side and sell-side research, having worked in capital markets for more than ten years in Zimbabwe. He was previously the fund manager for MBCA Capital Management. Prior to joining Imara, Bevin played a leading role in the automation of Zimbabwe’s Capital Markets, as the Head of Operations at the Central Securities Depository.

  • Contact Us

    Josephine Makarutse Chief Liaison Officer | Imara Asset Management Zimbabwe Tel +263 4 790 090 Email josephine.makarutse@imara.com