Satrix will operate under its own Category II Financial Services Provider licence, effective November 1, 2025, marking a strategic milestone for the business.

With assets under management in excess of R290bn and a market share of nearly 40% of South Africa’s indexed investment sector (unit trusts and ETFs, excluding commodities), Satrix continues to attract the majority of indexation flows – underscoring the scale and momentum that now warrant a dedicated licence.

A Category II licence authorises a financial services provider to manage investments on behalf of clients, making discretionary decisions about buying and selling assets in line with agreed mandates.

By bringing this licence fully under the Satrix brand, the company’s regulatory structure now mirrors the scale and independence of its operations.

Kingsley Williams, Chief Investment Officer at Satrix, said: “Our business has grown to the point where it makes sense to operate under our own Category II licence. It’s a cleaner structure that consolidates our operations fully under the Satrix brand, giving clients absolute clarity about who they are dealing with. Importantly, nothing changes for our clients – the same team, the same investment processes, and the same systems remain in place.”

The move aligns Satrix’s regulatory framework with its growth trajectory and strengthens the brand’s position as South Africa’s leading indexation business.

It also complements Sanlam’s broader approach of positioning its businesses as investment specialists within their respective markets. Clients will retain uninterrupted access to the full suite of products and services, underpinned by the same investment expertise, with no disruption to operations. 

“It’s a natural next step for a business of our scale – and one that positions us strongly for the future,” Williams said.