The platform, constructed by platform provider P²platform, will offer Sanlam’s clients access to a range of mutual funds as well as to institutional risk management strategies from global actuarial and risk management firm Milliman.
The Milliman Financial Risk Management strategies offered via the platform have a 12-year institutional track record, with over six million individual accounts and fund values exceeding $600bn.
“This launch confirms the confidence in the market for innovative investment solutions that can be offered at a retail level as well as the experience that P²group and Milliman bring to the table,” said Denis Kaplan, chairman and CEO of P²group (Bermuda).
“We are also committed to the continued prosperity of South Africa by supporting one of the largest financial companies in this market.”