MEDIA ADVISORY
It’s Sweet Sixteen for Oasis Group Holdings
Cape Town, June 2013 – June is always a special month for Oasis as it marks the birthday month for the company. This year, Oasis will be celebrating its 16th birthday. The celebration is made even sweeter when the PlexCrown Fund Management Survey was released in which Oasis is ranked as the top Offshore Collective Investment Scheme Manager. As further testimony to this outstanding performance and management, Oasis is also the only South African fund manager to sustain its S&P gold star status for its global equity funds.
“As we celebrate our 16th birthday, we look back at over a decade and a half of pioneering work. We first opened our doors in 1997 and we’ve been providing investors a Shari’ah and an ethical alternative”, says Adam Ebrahim, CEO of Oasis Group Holdings. The earliest of the Group’s pioneering work was the launch of the Oasis Crescent Equity Fund in August 1998. Not only was this Oasis’s first retail investment fund offering, but it was also the first Shari’ah compliant equity fund launched in South Africa. The launch of the world’s first Islamic Real Estate Investment Trust and the first Islamic income funds in both Europe and South Africa have also since followed. In 2010, the launch of Oasis Crescent Insurance Limited continued the Group’s pioneering work when it became South Africa’s first provider of Islamic Annuity and Endowment products.
“We thank the Almighty for granting us this privilege to be of service to our clients and the community at large. Our ability to continue to deliver on our commitment to protect and grow the wealth of our clients is what we are celebrating today”, says Adam Ebrahim. He continues, “We also look forward to the upcoming 15th birthday of our flagship fund, the Oasis Crescent Equity Fund. This is certainly another celebration worthy of this same spirit of reflection and gratitude”.
There will certainly be some cake to celebrate this sweet achievement. [ends]
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For more information please contact:
Nazeem Ebrahim
Deputy Chairperson
Oasis Group Holdings (Pty) Ltd
Tel. +27 (021) 413 7860
Email:
Notes to editors:
Oasis Group Holdings
Oasis Group Holdings was established in Cape Town in 1997 with asset management as its core business. Its investment range is inclusive of a Shari’ah compliant product offering that is managed in accordance with Islamic principles for ethical and religiously astute investors. A conventional product offering is also available for the discerning and socially responsible investor who seeks greater exposure for their investment.
Since its formation, the Group has always been empowered in the conventional and legal sense and it continues to be majority black-owned, managed and staffed. As such, it meets – and often exceeds – all conventional BEE codes and guidelines. Furthermore, Oasis Group Holdings is a signatory to the Principles for Responsible Investment initiative; an investor initiative in partnership with the UN Environment Programme Finance Initiative and the UN Global Compact.