Established in 1973, Allan Gray is the largest privately owned investment company in Africa Ð managing over R400 billion in investor assets. Our purpose is to help investors build wealth over the long term. We seek to earn the trust of our clients by providing superior long-term investment performance, outstanding client service and holding ourselves to the highest ethical standards. Since inception, our global mandate share portfolio has achieved an average annual return of 27.4%. This means that an investment of R10 000 made with Allan Gray on 15 June 1974 would have grown (before fees) to R142 111 981 by 31 December 2013. By comparison, the returns generated by the FTSE/JSE All Share Index (before any fees) over the same period would have grown a similar investment to R6 704 663. Our head office is in Cape Town and we also have offices in Johannesburg, Pretoria and Durban within South Africa. Outside of South Africa, we are in Windhoek, Namibia; Gaborone, Botswana; and Lagos, Nigeria. Our global asset management partner, the Bermuda-based Orbis Group, manages a range of offshore mutual funds. We share a common founder in Allan W B Gray, as well as the same ethos and investment approach. Our relationship with Orbis involves the sharing of ideas and investment research, which not only benefits our investors but also enhances the investment management capabilities of both firms. Allan Gray Proprietary Limited is an authorised financial services provider.