
Piet Viljoen joins Sam Houlie just in time for SA market like post-2001
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In what he describes as a reflection of the changed asset management industry, Re:CM founder Piet Viljoen is merging his firm with Counterpoint, led by his former Allan Gray and Investec colleague Sam Houlie. The new firm will trade under the Counterpoint name and have R6.5bn in assets under management. Forthright as ever, Viljoen shares two of the big mistakes he made in the 20 years since starting Re:CM, and explains why he will stick to managing money rather than a business. - Alec Hogg