154 / 316
AfrAsia Bank Limited and its Group Entities
Annual Report 2015
page 152
HIGHLIGHTS
ACM has successfully grown its business both
in terms of assets under management and
bottom line over the last three years
ACM has launched a new CIS – AfrAsia
Partners Fund - to cater for investors looking
for “patrimonial investment solutions”
Over time, ACM has built a client base that
includes major companies in different sectors
of the economy
ACM’s Return on Equity and Return on Capital
Employed have averaged 86% and 103%
respectively over the last three years
To offer a holistic service, ACM has engineered
many structured product investment ideas, and
has embraced an open architecture platform
to provide clients access to different asset
classes, regions and investment products from
reputed international asset managers and
niche players
49%
84%
ASSETS UNDER
MANAGEMENT
PROFIT AFTER TAX
Growth of
An increase of
over the year
over the year
NON-BANKING SUBSIDIARIES
AFRASIA CAPITAL MANAGEMENT
With over 23 years of solid investment management experience, AfrAsia Capital Management Limited (ACM), formally known as Axys Capital
Management, is one of the leading asset managers in Mauritius. Over the years, ACM has acquired and consolidated its capabilities by
managing various investment strategies and delivering bespoke investment solutions. The Company is regulated by the Financial Services
Commission and currently holds three licences, namely Investment Advisor (unrestricted), CIS Manager and Distributor of Financial
Products.
MANAGEMENT DISCUSSION AND ANALYSIS (CONTINUED)