EMHPrescient enters investment industry
Through Hangala Investment Holdings which has 50% shareholding in EMH Capital together with Prescient Holdings, a Cape Town investment management company, a new joint-venture investment manager called EMHPrescient Holdings Investment Management, was formed. EMHPrescient was officially introduced to the Namibian public this week. Dr Leake Hangala of the Hangala Group and Chairman of EMHPrescient said they believe in the power of partnership,which is the foundation on which his group is built. Herman Steyn, co-owner of Prescient Holdings and one of the Directors of EMHPrescient emphasised that their company is solution driven, team orientated, stable and focused.
Melanie Allen CEO of EMHPrescient said that with the merge of these two companies with the same values and goals, the Namibian nation should expect a lot of new and exiting developments from EMHPrescient. She added that EMHPrescient offers their Namibian clients money market fund, income provider funds and the Namibian Equity Active Quant fund.”EMHPrescient is not just for big companies, but we also caters for individuals who want to save,” said Allen. Hon Saara Kuugangelwa-Amadhila, the Minister of Finance wished the shareholders and staff of EMHPrescient all the best in their endeavour to participate actively in the Namibian money and capital markets since “the market does need competition innovation and vibrancy.”