In line with our vision to become the world’s leading community-based investment finance company, RBH manages and develops on behalf of the RBN its entire portfolio of commercial assets. The core investment objective, which is similar to that of an inter-generational endowment fund, is to protect and grow the capital base over time while delivering the yield necessary to allow the RBN to meet its community development objectives.
As at end December 2007, the pro-forma value of the investments under management by RBH was approximately R33.5 billion. The portfolio of investments is as follows:
RBH has a significant portfolio in the resources sector with interests in platinum (Implats and Bafokeng Rasimone Mine) and ferrochrome (Merafe) as well as Coal Mining (SACMH).
Industrial assets comprise a 26% share in Metuba, a joint venture with engineering firms Metix (37%) and TTC Technology (37%).
Financial assets make up the smallest asset class in the investment portfolio and include an investment in Zurich Insurance Company South Africa.
The investments are in Astrapak, Metair Investments and Bafokeng Concor Technicrete, a joint venture with Concor Technicrete.
The investments are in: Fraser Alexander, MB Technologies, Senwes, DHL Express, Pasco Risk, Zaptronix, Praxima, M-Tech Industrial and MOGS.
The investments are in Premier Soccer League club Platinum Stars FC and Platinum Leopards Currie Cup rugby franchise.
RBH manages a cash portfolio on behalf of RBN
RBH’s primary mandate is to build a diversified, growth-orientated investment portfolio on behalf of the RBN.
