Herman Steyn

Herman has been involved in the investment management industry  since 1985,  having  held  senior  management positions  in  several  established  asset  management companies. He began his investment management career when awarded a bursary from Old Mutual, studying a BBusSci majoring in Actuarial Science, Statistics (Honours) and Economics at the University of Cape Town, completing his BBusSci (Hons) in 1984. After a period at Old Mutual, he co-founded an asset management company.

In 1993 Herman started the first index tracker fund, the Composite Unit Trust, in South Africa. He later sold the unit trust management company to Investec, joining Investec Asset Management in 1995 where he established Investec Asset Management’s international fund management capability, setting up their fund structures in Dublin. He was also responsible for the quantitative fund management that included local and international index funds, bonds, derivatives and asset allocation. In 1998 Herman and Guy Toms founded Prescient Investment Management, which specialises in quantitative investment management. Prescient applies its quantitative techniques to cash, bonds, equities, balanced portfolios and asset allocation.