Itransact Fund Managers Investment Management Company in SA

Itransact Fund Managers (IFM) is an investment management company in South Africa that offer collective investment schemes with various investment objectives asset management business had a humble start back in 1964 and has evolved over the years, changed ownership a number of times and became part of the Indequity Group in 2001. Over the next few years a lot of development work was done and the asset management division converted their existing wrap funds into more tax efficient unit trusts in December 2004. iTransact Fund Managers (IFM) was also officially established at this time under the Inequity brand, becoming an integral part of the asset management division.

Following the restructuring of the Indequity Group in 2010, iTransact Fund Managers (IFM) became an independent Collective Investment Scheme Manager and in time became jointly owned by the international Heiden Grimaud Group and the well-respected AOS Group. AOS, a local fund administration company, had always performed the underlying back office administration of initially the wrap funds and then the CIS portfolios (unit trusts). Additional capital was introduced into the business during 2014 when AOS acquired its stake, further strengthening our balance sheet.

They adopted the Itransact brand, which has been a part of the AOS business for a number of years towards the end of 2015. This was done in order to further distinguish and position our collective investment scheme business for the future.

IFM currently has a small offering of its own CIS portfolios that we hope to expand in the near future as well as utilising the expertise within AOS to provide tailor made passive portfolios and offering co-branded portfolios within the fund management industry.