The Mavericks by Stephen Cranston (Tafelberg, 2025)
Title: The Mavericks: How Coronation, Ninety One and Allan Gray beat the rest
Author: Stephen Cranston
Publisher: Tafelberg (2025)
ISBN: 9780624095446
Epub ISBN: 9780624095453
How the three independent asset managers of Coronation, Investec (later Ninety One) and Allan Gray, dubbed the CIA, came to dominate and continue to dominate the South African asset management industry, particularly the pension fund market.
There are plenty of colourful big ego personalities such as Hendrik du Toit at Ninety One, Leon Campher at Coronation and the late Allan Gray, plus kingmakers reshaping the industry such as Patrice Motsepe.