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Tony Bell

Head: Global & Retail

BCom (Hons), MBA

Tony has over 30 years investment experience and was previously the chief investment officer of Syfrets Managed Assets and Nedcor Investment Bank Asset Management (NIBAM). Tony’s experience as an equity portfolio manager dates back to 1988 when he  was  charged with the responsibility of managing the Southern Life Staff pension fund. From these beginnings his interest in and management of equity portfolios has continued to the present. Tony has spent many years covering the broad range of sectors on the JSE, firstly as a junior analyst (1987  –  89)  and  then  as  a  Senior  Analyst  /  portfolio  manager (1989 – 2000). Tony assumed responsibility for the target return funds at Vunani FM during October 2008 and has evolved the equity selection process to culminate in a standalone equity mandate as from June 2011.


Tony was instrumental in developing the “regime-based asset  allocation approach” used in the multi asset funds as well as in initiating and managing the global equity mandate. Tony has been responsible for Vunani’s global capability since its inception in 2013. In this period Tony received six Raging Bull Awards for best in class.