Peter Armitage

Founder, CEO & Co-CIO, Anchor Capital

Peter Armitage is Founder, CEO & Co-CIO of Anchor Capital, in the role since January 2012.

Anchor Capital is an independent South African wealth and asset manager. Under Armitage, it announced a R2.5bn merger deal with UK wealth manager Credo in November 2023, creating a group with R230bn in assets under management.

In the job

  1. Anchor resigned as manager of three Clarus unit trusts and cancelled its agreement to acquire Contego Asset Management following allegations involving Clarus owner Cobus Kellermann. Source

  2. Anchor agreed to acquire 47.41% of Capricorn Fund Managers for R348 million to increase its international earnings contribution. Source

  3. Anchor proposed buying back shares at R4.25 each and delisting from the JSE. Source

  4. Anchor announced a R2.5bn merger deal with UK wealth manager Credo under which Anchor shareholders would own 80% of the combined structure. Source

Career before

  1. Financial markets roles at Merrill Lynch, Deutsche Bank, Nedbank and Investec Wealth & Investment, including analyst, head of research and chief investment officer positions

Education

Chartered Accountant (South Africa), CA(SA)

Sources

  1. anchorcapital.co.za
  2. businessday.co.za
  3. businessday.co.za
  4. businessday.co.za
  5. businessday.co.za
  6. moneyweb.co.za
  7. moneyweb.co.za

Facts last checked 3 November 2026. Spotted something out of date? Tell us.

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