Harare - Investment manager, Bevin Ngara is joining Fidelity Life Asset Management as its Managing Director from Old Mutual Asset Management where he has been the General Manager of Properties.
Fidelity Life Asset Management is a subsidiary of Fidelity Life Assurance, a financial services company that provides insurance and asset management services. Its products include Life and Funeral Assurance, Medical Aid, Microlending and Asset Management.
Ngara is a CFA charter-holder who began his career at New Africa Securities as a Research Analyst, where he had a very brief stint post his undergrad.
He moved to Platinum Asset Managers and then to the Central Securities Depository (CSD) as its Head of Operations. While at CSD, Ngara played a leading role in the automation of the capital markets in Zimbabwe.
From the CSD, Ngara joined Imara Asset Management as a portfolio manager for institutional clients and a senior analyst covering central African equities.
Ngara moved to Old Mutual Asset Management from Imara and has been heading its properties portfolio since then.
Fidelity is one of 20 asset management companies operating in Zimbabwe and is among the top five.
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