• Follow us on
Tavonga Chivizhe

Tavonga Chivizhe

Chief Investment Officer, Boutique Investment Partners

On completing his actuarial studies at the University of Cape Town in 2005, Tavonga Chivizhe partnered with Metropolitan Collective Investments CEO – Robert Walton, to establish a retail multi-manager offering for the Metropolitan Life Group. This initiative started off in 2006 with seed capital of just under R 5 million, and resulted in the Metropolitan Multi-Manager division growing to just over R6bn in assets by 2010.  Other notable milestones over this period included a successful range of house view funds, one of which, the MET Odyssey Conservative Fund of Funds, in 2010, was awarded the Raging Bull Award, for the best risk adjusted performance over a 5-year period. During this 5-year period of building the Metropolitan Multi-Manager business, Tavonga continued to pursue his professional actuarial exams with the Institute of Actuaries in the United Kingdom up to 2011 when he passed his Actuarial Fellowship exam. The end of this 5-year period was marked by a corporate merger event which saw Metropolitan Multi-Managers being combined with the retail multi-manager offering of the Momentum group, to become Momentum Investment Consulting [MIC], with combined assets under management of just over R9bn. In 2011, Tavonga assumed ownership of MIC’s Investment Philosophy and Process as Chief Investment Officer, and was also the portfolio manager of MIC’s 6 house view funds. This period saw yet another MIC house view fund, the MET Odyssey Balanced Fund of Funds being awarded the Morning Star Award for being the best risk adjusted performer in its category in 2012. In the same year of 2012, Tavonga completed an Executive Leadership Program with the Gordon’s Institute of Business Studies.  By 2013, Momentum Investment Consulting had grown its asset base from R9bn in 2011, to just over R22bn, making it one of the largest retail multi-manager offerings in South Africa. The same year, 2013, saw Momentum go through a re-structuring exercise, which combined three of its multi-manager divisions: Momentum Manager of Managers, Momentum Investment Consulting and Momentum Alternative Investments. The combined unit was branded Momentum Outcomes Based Solutions and had asset of just close on R150bn. Tavonga was appointed Chief Investment Strategist of this unit, where his role was to assume full ownership and accountability for the division’s Global Investment Strategy. At the end of 2013, Tavonga left the Momentum Group, to co-establish a new retail investment consulting and investment management firm Boutique Investment Partners [BIP].  In addition to being a founding director, Tavonga is currently the Chief Investment Officer at BIP. Over its 4 years of existence BIP has received 4 industry awards (MorningStar & Raging Bulls) across its house view funds and client portfolios.