- August 5, 2016
- Posted by: absipassociation
- Category: ABSIP in the News, Uncategorized
Cape Town, South Africa – Following a rigorous Graduate Trainee recruitment process, Argon Asset
Management announced that they have offered eight highly intelligent graduates a place in their Graduate
Investment Trainee Programme for 2016. Out of the eight new graduate recruits, six of them are female.
The eight incumbents begin their training in July at the head office of the independent owner-managed
investment management firm in Cape Town. The training takes place over three years where the Graduate
Trainees will learn about investment management, financial modelling, trading and investment valuation.
During the course of the programme, the trainees will have an opportunity to rotate within the entire
investment management function, spanning equities, fixed income and multi-asset class. Unlike other
Graduate Trainee programmes in the industry, these trainees will immediately get hands-on experience in
Although this is only the second time Argon has conducted their Graduate Investment Trainee Programme,
the company received an overwhelming 674 applications due to their social media marketing strategy. “We
were pleasantly surprised with the large volume of CVs received and even more so with the high calibre of
candidates. The recruitment process unearthed some highly intellectual and motivated individuals from
small South African communities. As a result, we employed eight new recruits instead of the four we had
initially intended to bring on-board. What made the chosen graduates stand out from the other applicants
were their proven strong academics as well as demonstrated leadership potential,” says Mothobi Seseli,
Chief Executive Officer at Argon Asset Management.
“What also makes this programme special is that we made sure to not just focus on recruiting from the
traditional metropolitan areas of South Africa, but we found amazing talented young graduates from
smaller communities such as Orange Farm, Mthatha and White River in the Vaal. Through this programme
we will be developing young investment professionals who will be able to work across many disciplines in
the investments sphere while contributing positively to the South African economy. At Argon we take our
responsibility towards building South African communities seriously and we understand the immense value
of youth development today for a better tomorrow,” adds Loyiso Kula, Stakeholder Engagement Manager
at Argon Asset Management.
The eight new recruits include:
- Mbalenhle Mthombeni, a 23 year old BCom Financial Accountancy graduate from Three Rivers in
the Vaal Triangle. She completed her degree at North West University (NWU). Mthombeni, passed
her undergrad with eight distinctions and is currently completing her Honours degree.
- itha Madabane from Mthatha in the Eastern Cape, is a 22 year old BTech Management (cum
laude) graduate from Nelson Mandela Metropolitan University. Madabane majored in Financial
Management, Quantitative and Strategic Management and during her undergrad she achieved 12
distinctions and is a member of the exclusive Golden Key International Honour Society.
- Shiluva Hope Sono, a 23 year old born in Giyani, Limpopo, completed her BCom Finance and
Investments undergrad degree at the University of the Witwatersrand. Sono has recently
completed her BCom Honours in Investment Management at the University of Johannesburg and
is a member of the Golden Key International Honour Society.
- Lebohang Mofokeng from Welkom, Free State is a 22 year old BTech Metallurgy (cum laude)
graduate. Whilst at the University of Johannesburg, where he completed his undergrad studies,
Mofokeng’s achievements include 20 distinctions, being awarded Best Metallurgy Student in
South Africa 2015, Top Learner award in Matric (Free State province), Dux Learner recognition,
twice winner of the DST Science quiz, and has been on the Dean’s Honours rollover list three
times. His past leadership roles include being an SRC president and have led him to receiving a
Junior Civil Guard of Honour at the South African Parliament
- Revival Ramaifo, a 23 year old graduate with a BCom degree in Accountancy from the North West
University, comes from Orange Farm in Gauteng. She also holds a BCom Honours degree in
Financial Accountancy from North West University. Her past achievements include 15 distinctions
in her undergrad.
- Maitse Motsoane, a 26 year old graduate. He holds a BCom Honours degree from the University of
Johannesburg majoring in Investments Management as well as a BCom degree in Financial
Management Sciences from the University of Pretoria. Motsoane received 13 distinctions in his
undergrad and is a member of the Golden Key International Honour Society.
- Neo Mokhesi, at 25 years of age, Mokhesi is a registered Candidate Natural Scientist (SACNASP)
and holds two degrees in Biochemistry from University of the Free State. She is currently
registered for an MSc in Anatomical Pathology at the University of Cape Town. During her
undergrad she attained membership of the Golden Key International Society and obtained eight
- Belardina Zunguza, a 23 year old BCom graduate from Rustenburg. Zunguza completed her BCom
degree in Economics from the University of the Witwatersrand and is currently studying towards a
BCom Honours in Economic Sciences, Insurance and Risk Management also at Wits University.
Her past achievements include various leadership roles as well as awards and scholarships
including the Morshall Scholarship Programme, Lebone II College Scholarship, Robell Rocher
Award and Dux Scholarship.
Through Argon’s exclusive institutional partnership with Schroders Investment Management, four of the
newly employed Graduate Trainees will be heading to London for four months of investment management
training. The Schroder Global Graduate Trainee Programme takes place in London between August and
December 2016 and the four Argon trainees (Mofokeng, Mthombeni, Madabane and Sono) will represent
South Africa amongst a group of 30 Investment Management Trainees from other countries.
“At Argon we are serious about investing in the development and training of our own staff. The 2016
Graduate Trainee intake represents the new generation of talent at Argon Asset Management. Through
their global exposure and key learnings of investment techniques at Schroders, we continue towards our
goal of building a pool of investment professionals that are global in their approach.”
FOR FURTHER INFORMATION OR TO SET UP AN INTERVIEW PLEASE CONTACT:
Stakeholder Engagement Manager
Tel: +27 (0) 21 670 6570
Fax: +27 (0) 86 681 2290
Cell: +27 (0) 84 837 1496
About Argon Asset Management:
Argon Asset Management is an independent, owner-managed firm that provides investment management
services to both institutional and retail clients. Over a period of 11 years of active investment
management, we have grown assets under management organically from zero to R32 billion (end May
2016). Through our active research-based fundamental investment process, our award-winning funds have
consistently delivered excellent performance, thereby creating sustainable long-term wealth for our clients.
Our global offering is through our exclusive partnership with Schroders Investment Management for
Southern Africa institutional investors. We are based in Cape Town and Johannesburg.
About Schroders Investment Management:
Schroders Investment Management is the largest listed independent investment management firm on the
London Stock Exchange. As at 31 March 2016, Assets under management total £324.9 billion. Schroders
manages money on behalf of institutional and retail investors, financial institutions and high net worth
clients from around the world. The company employs over 3,700 talented people worldwide operating in
28 different countries across Europe, the Americas, Asia, Africa and the Middle East.