Allan Gray celebrates 21 years

For the past 21 years, Allan Gray Namibia has been a key stakeholder in the local investment industry and a responsible corporate citizen with great ambition to contribute more to the development of the country. That is according to its managing director James Mnyupe, whom with other AGN stakeholders celebrated 21-years of its existence. “Although Allan Gray Namibia opened its office in 1996, we started managing money for Namibians as far back as 1984, one of the first independently owned managers to do so. In the process, we have been able to generate a long-term track record that we are very proud of,” he said. According to Mnyupe, Allan Gray has been able to outperform other competing investment managers in percentage basis points since its inception. He proudly stated that since 1984, Allan Gray Namibia has managed to generate a compounded annual return of 19.8% compared to the average Namibian investment manager that achieved 16.5% over the same period.“In other words, N$1 million invested with Allan Gray Namibia in 1984 would have grown to N$348.5 million today, versus N$142.8 million for the average investment manager. Actually, this is exactly what one of our clients did and we are happy to serve that client till this day,” Mnyupe said. Another important aspect to Allan Gray was its Foundation component through which it provides funding to education. The Foundation also holds a 10% employee empowerment trust scheme. According to Mnyupe, in Namibia, the Allan Gray Orbis Foundation Namibia owns 15% of AGN and was formed in 2008. The Allan Gray Namibia Employee Empowerment Trust (the Staff Scheme) which owns 10% of AGN was formed in 2010. “We actively aspired to have 25% local ownership, long before the concept was topical in the market.” The Foundation has since received over N$56 million from Allan Gray Namibia and has sent over 733 Namibians to schools and universities on full scholarships. The Foundation has set aside more than N$37 million of capital that is to be deployed into budding Namibian businesses, founded by the very fellows that have successfully undergone the Foundation's entrepreneurial programme. “The Staff Scheme has proven to be a sound investment for loyal and patient employees. In addition to the generous dividend pay-outs, the firm's net asset value has grown handsomely since 2012, generating a 5-year compound annual growth rate of just over 26%, as at 31 December 2016,” Mnyupe said.

Allan Gray celebrates 21 years

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Namibian Sun 2026-04-16

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Allan Gray celebrates 21 years

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Namibian Sun 2026-04-16

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