Founded in 2006 by Malungelo Zilimbola, Mazi Asset Management has evolved from one of South Africa’s first black-owned hedge fund firms into a leader in investment excellence. As an employee-owned firm, we maintain full independence in our investment decisions, ensuring a client-first approach. Our governance is strengthened by a dedicated board, upholding the highest corporate governance standards.
Guided by integrity, resilience, and disciplined research, we have built a legacy of sustainable wealth creation. Just as the iMazi (cow) in Nguni cultures symbolizes enduring value and prosperity, our investment philosophy prioritizes opportunities that deliver consistent, long-term returns. Today, as a Level 1 B-BBEE asset manager, we proudly oversee more than R46 billion in assets for institutional and private clients.
At Mazi Asset Management, our success is driven by five core values that shape our culture and decision-making:
We respect the differences and dignity of others. We recognise the value that difference and constructive challenges can bring.
We have high aspirations and strive for excellence. We are passionate, positive, tenacious and have an entrepreneurial spirit.
We are a winning team - creating an empowering environment leveraging on the collective genius, working collectively with a shared consciousness towards a common purpose.
We are honest and trustworthy, abiding by a strong code of ethics and upholding the highest standards of professional conduct.
We are accountable for our personal actions and behaviour. We take ownership and pride in our actions with the company's long term success in mind.
Mazi Asset Management stands at the intersection of tradition and innovation. While our heritage informs our values, our forward-thinking mindset propels us towards new frontiers in asset management. We harness data-driven insights, sophisticated financial modelling, and a deep understanding of global and local markets to construct resilient investment portfolios.
At Mazi, we don’t just manage assets—we build lasting financial legacies. Whether you are an individual investor, an institution, or a wealth manager, our expert-driven strategies are designed to unlock sustainable growth and long-term prosperity.
Partner with Mazi Asset Management today and take the first step towards redefining your investment success.
At Mazi Asset Management, our leadership team is not just a group of individuals, but a collective embodiment of strategic expertise, industry excellence, and corporate governance. With decades of combined experience in investment management, financial planning, corporate finance, and governance, our Board of Directors provides the strategic direction that drives our success. When you invest with us, you're not just investing in a company, you're investing in a team of experts who are dedicated to your financial success.
Boitumelo joined the Mazi Asset Management Board in July 2020 as an independent non-executive director. She is a qualified Chartered Accountant (SA) with extensive experience in financial services, capital markets, and corporate finance. She is the founder and director of Mohau Capital, a corporate finance advisory firm, and Mohau Equity Partners, an investment holding company. Tumi previously worked in investment banking, specialising in corporate finance.
Ayanda joined the Mazi Asset Management Board in May 2022 as an independent non-executive director. She holds an Honours in Social Science and Industrial Psychology and brings extensive experience in corporate governance, investor relations,. Ayanda serves as Group Executive for Corporate Affairs and Investor Relations at Hulamin and previously held executive roles at the South African Maritime Safety Authority (Samsa) and the Department of Transport.
As the founder, CEO, and the only executive director on the board of Mazi Asset Management, Malungelo drives the firm's strategic vision and operational leadership. With 21 years of investment management experience, he has managed specialist equity, retail equity, listed property, and hedge funds. Malungelo is a member of YPO (Young Presidents' Organisation), a fellow of the Aspen Global Leadership Initiative, a Non-Executive Director of ASISA, and a member of the Investment Committee of the Nelson Mandela Foundation.
At Mazi Asset Management, our Board is committed to investment excellence, governance integrity, and long-term financial sustainability. Their leadership ensures we continue delivering innovative financial solutions, creating wealth, and redefining investment success.
