Capricorn Asset Management is Namibia's leading asset manager, built on local expertise, disciplined investment thinking and a clear commitment to helping clients achieve investment success.
As at May 2026, we manage N$66.5 billion in assets under management, with a 39.7% market share in Namibia. We serve individual investors, financial advisors, businesses, pension funds, parastatals and government institutions with practical, transparent and well-governed investment solutions.
Proudly Namibian, Built on Local Expertise
Every investment manager is shaped by the market it comes from. For Capricorn Asset Management, that market is Namibia.
Namibia is a market where trust matters, relationships matter, and liquidity, capital preservation and disciplined decision-making are essential. This environment has shaped the way we think, the way we manage portfolios and the way we serve clients.
Our strength lies in combining local market depth with institutional-grade portfolio construction. This means understanding the markets we invest in, managing portfolios with care and accountability and ensuring that every investment decision is supported by process, oversight and purpose.
Our Story
Our story began with a clear need: to build a truly Namibian asset management capability, managed locally, with the expertise to serve group companies, corporate clients and high-net-worth individuals.
That foundation led to the establishment of early investment funds under Bank Windhoek's Treasury division, and eventually to the official launch of Capricorn Asset Management in July 2006 as a fully fledged, licensed, local asset management company.
Since then, we have grown from a focused local capability into Namibia's leading asset manager, with a track record shaped by 25 years of experience.
Our Investment Philosophy
At the heart of Capricorn Asset Management is a clear investment philosophy: sensible investing.
Before we invest, we aim to understand exactly what we are investing in, what role it plays, what risks it introduces and how it contributes to the portfolio as a whole.
We see every investment as unique. We define and quantify risk, keep the process simple, diversify carefully, avoid speculation, implement our views cost-effectively and continuously monitor performance to ensure portfolios remain aligned with their objectives.
This approach guides how we build portfolios, manage risk and support clients through changing market conditions.
Our Investment Solutions
We provide investment solutions designed around a wide range of client needs and objectives. Our capabilities include Unit Trusts, business and corporate investment solutions, pension fund and institutional mandates, wealth management solutions, online services and access to government bond opportunities.
Across these solutions, our focus remains consistent: to provide practical, transparent and well-governed investment options that help clients achieve sustainable investment outcomes.
Our Commitment to Clients
We understand the responsibility that comes with managing client assets.
That is why governance, risk oversight, compliance and service remain central to the way we operate. Our clients rely on us not only for investment solutions, but also for disciplined thinking, responsive service and long-term partnership.
As a subsidiary of Capricorn Group, a Namibian-owned financial services group with interests across banking, asset management and insurance, Capricorn Asset Management combines specialist investment expertise with the strength of a respected regional financial services group.
The Sensible Choice for Your Investment Success
Capricorn Asset Management is proudly Namibian, built on local expertise and guided by a belief that investment success should be built sensibly.
We are committed to managing investments with care, discipline and accountability, helping our clients pursue their financial goals with confidence.
Capricorn Asset Management.
The sensible choice for your investment success.
