Flagship Asset Management, a specialist global boutique asset manager, invites exceptional students to join our biannual Flagship Internship Programme.
Flagship is about people. We are a partnership. A collection of ethical individuals, collaborating to grow, preserve and protect our clients’ investments. By joining our Flagship Internship Programme, the successful applicant will be:
The Flagship Internship Programme affords experiential opportunities for students who are in their final year of study. This two week internship exposes the successful candidate to training and mentorship, via a variety of assignments, from Flagship’s Global Investment Team.
Please note that preference will be given to exceptional candidates from designated groups.
Applications for 2022 are closed.
Please download the Flagship Internship Application document and follow the instructions on how to apply.
Flagship is about people. We are a partnership. A collection of ethical individuals, collaborating to grow, preserve and protect our clients’ investments. By joining our Flagship Internship Programme, the successful applicant will be:
The Flagship Internship Programme affords experiential opportunities for students who are in their final year of study. This two week internship exposes the successful candidate to training and mentorship, via a variety of assignments, from Flagship’s Global Investment Team.
Applications for 2022 are now open!
Please download the Flagship Internship Application document and follow the instructions on how to apply.
1. Please fill out and submit the application form.
2. Please submit proof of identification and proof of enrolment.
3. Please submit your last full years academic record.

This internship turned out better than I expected. I felt welcomed from day one, everyone was always willing to help. Working with such a talented and supportive group of people has been an incredible learning experience for me. I am confident that the knowledge and skills I gained will serve me well in my future career. If you are interested in asset management or finance in general, this internship is for you. It is the best exposure you could possibly get to the industry.
Shawn Nayler
8 – 19 July 2024

This internship exceeded my expectations by creating a learning experience that surpassed what any theoretical studies could possibly give. The culture and working environment encourage you to develop your own opinions and values everyone’s unique views. I would 100% recommend this program, which provides phenomenal personal growth by challenging your comfort zone and enhances your practical investment skills.
Jason Bader
8 – 19 July 2024
An internship at Flagship is the best choice for a student interested in asset management. Everyone is welcoming and open to helping and this makes it very easy to feel at home. The program was well structured and I learnt something new every day. I really enjoyed my time at Flagship and highly recommend the program to anyone interested.
Ano Mtombeni
20 November – 1 December 2023
During my internship, I had the privilege of working alongside some truly talented and passionate professionals in the asset management industry. I can say without question that from day one, I was warmly welcomed into the team, and with the unwavering support of the whole office played a pivotal role in nurturing my growth and learning. I had the opportunity to dive into virtually every aspect of asset management, from conducting market research and analysing investment opportunities, to building a valuation model and working through portfolio construction. Throughout my time at Flagship, I was presented with unique challenges and learning opportunities. Thankfully, with the guidance and support of every member of the global equity team, I was able to embrace these challenges with determination and enthusiasm. One of the most rewarding aspects of this internship was being part of a team that truly values collaboration and career development. The open and inclusive culture at Flagship encouraged me to share my ideas, listen, and engage with absolutely everyone from analysts to senior portfolio managers and organisation management. Moreover, the emphasis on continuous learning was evident throughout my time at Flagship.
James Rumsey
10 – 21 July 2023
The internship at Flagship was not what I expected - in the best possible way. Not only was everyone incredibly friendly and welcoming, the internship was quite comprehensive, in that you learn about all the different moving parts that make the company work. The internship requires you to write an investment report and present your case to the global investment team. Even though you generally work on the report independently, everybody is always ready and willing to help you. The internship enables you to bridge the gap between theory and practice and I highly recommend it to anyone considering becoming an equity analyst.
Faghrie Hendricks
10 – 21 July 2023
I was pleasantly surprised by the friendliness with which I was met at Flagship and the resources available to me. The one-on-one sessions with everyone in the office were fascinating and all analysts went the extra mile. I found the Internship to be a great learning opportunity. As an Economics Masters student, I thought I may not be cut out for finance, but Flagship changed that view!
Jan-Hendrik Pretorius
22 March – 5 April 2023
My internship at Flagship turned out better than I could have expected as it is a very inclusive environment. I was fortunate enough to receive the same level of insight into portfolio management decisions as the equity analysts who work there and was able to learn so much from the helpful global investment team. I felt that I was able to improve my knowledge and skills every day of the internship. I left feeling that I know what it is to be a part of an investment team, what the responsibilities of an equity analyst are and what it means to work in the industry. I loved the challenge and the culture at Flagship.
Savannah Cohen
28 November – 9 December 2022
In my internship at Flagship, I was able to fully put into practice what I have learnt at University. During the programme I learnt how to research and write an investment report on a multinational company. I really enjoyed interacting with the team, along with the challenge of writing a comprehensive investment report, and learning more about asset management. Everyone on the Flagship team is incredibly approachable, friendly and kind, while the programme itself is well structured. I would highly recommend this programme to anyone interested in asset management!
Greg Orpen-Lyall
28 November – 9 December 2022

During my internship at Flagship, I expected to learning about what actually happens in asset management, the different roles and responsibilities and what goes into the decisions to make investments. Being able to speak to everyone at the firm made this possible. Above all, that was the most valuable experience I received. I really enjoyed the open door policy and appreciated the feedback from the global team regarding my report. The culture of the firm is very accommodating and helpful. I think that anyone with a dream of investing should pass through Flagship. The internship programme is elaborately planned and challenging enough to be beneficial to one’s career for the long term.
Kevin Abuka
5-16 September 2022

Interning at Flagship was one of the best learning experiences I’ve ever had. The internship allowed me to apply my knowledge gained at university in a practical and real-world way. The people at Flagship were all very welcoming and they were always open to answering my numerous questions. During the internship I learned how to analyse and research a sector from a global perspective, delved deeper into specific industries and subsequently identified and analysed companies within these industries. I enjoyed this experience a lot and I would encourage anyone who wants to gain an insight into the world of asset management to apply for this internship. Special thanks to the global team for supporting me every step of the way.
Hermanus Swart
11-22 July 2022

The opportunity to intern at Flagship is not one to be missed. I felt welcome straight away and right at home from the start. The ease of being able to talk to everyone by just walking up to them really made a big difference and allowed me to learn a huge amount just by having conversations and asking questions.
Gerhard Janse Van Vuuren
11-22 July 2022

Firstly, I would like to once again thank Flagship for granting me the opportunity to be a part of their internship, making a special mention to the global investment team for much value added. Amongst many things, walking into an office space where everyone showed much interest and dedication to the work they do, and connected as closely as family would, is a picture that will stick for me. As someone for whom this was a first experience of being an intern, I had my own fears on whether this would be a success. Contrary to this, as much as I worked on a project requiring me to stretch myself to new knowledge, the expectations were clearly communicated and exceptional guidance was provided along the way, and thus, so much growth and learning was bound to happen. This was a perfect way to see how my theoretical knowledge from university fits into the bigger scale of things. To the future intern, embrace this opportunity!
Hlavutelo Baloyi
11-22 July 2022

I would like to take this opportunity to thank you again for choosing me to be a part of your inaugural internship program. I found it to be a very enlightening program, as it really bridged the gap between the classroom and the industry. Of the many things I learnt about the company, the most important thing I learnt was that teamwork makes dream work. I found the open door policy to be quite refreshing and non-restrictive as it gave me the confidence to walk into everyone’s office and have a chat with them throughout two weeks. I would like to give a special thank you to the global investment team for answering my seemingly endless stream of questions as I have never had such an unlimited access to a high caliber team. Wishing you all the best as you continue to build Flagship!
Olwethu Majoro
13-24 September 2021
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Anlie Dalvit MBA, BPhil (Hons)Â Â
Head of Marketing & Distribution
Anlie Dalvit is Head of Marketing & Distribution at Flagship, responsible for the firm’s marketing and distribution strategy, client proposition and intermediary engagement. She also partners with the executive team on strategic initiatives to strengthen Flagship’s positioning, client experience, and business capabilities. She joined Flagship in June 2026.
Anlie brings more than 20 years’ experience across investment management, banking and financial services, with expertise spanning marketing and distribution, business strategy, client experience and organisational change. Before joining Flagship, she held senior roles at Capital International and Fairtree, having built her investment management and financial services experience at Investec, Ninety One and Coronation in South Africa.
Anlie holds a Master of Business Administration from the University of Cape Town Graduate School of Business and a Bachelor of Philosophy (Honours) in Marketing Management from the IMM Graduate School. She is also a Prosci Certified Change Practitioner.
Kate BottomeÂ
Fund Dealing & Administration
Kate Bottome works in Fund Dealing and Administration at Flagship, providing dealing and fund administration support to the firm’s fund managers and contributing to the day-to-day operational management of client and fund portfolios. She joined Flagship in 2024.
Kate brings more than 13 years’ experience across investment administration, portfolio administration and financial services. Before joining Flagship, she spent more than six years at Definitive Capital Management, progressing from Administrative Specialist to Portfolio Administration Manager. Her experience includes local and offshore investment account administration, client onboarding, regulatory and compliance documentation, portfolio reconciliations, reporting and investment related transactions.
Kate has studied Accounting and Finance at the University of Cape Town, as well as Management Principles, Accounting and Business Management at IIE Varsity College.

Gerhard Janse van Vuuren BCom (Hons)
Equity Analyst
Gerhard is an equity analyst for the global team, having joined Flagship in 2022 via the internship program.
Gerhard completed several investment internships while concluding his degree in Investment Management at Stellenbosch University. Gerhard has passed the CFA Level II exam and has completed his Honours degree in Finance at the University of Cape Town.
Philip Short, BSc (Mathematics), CFAÂ
Fund Manager
Philip Short is a Fund Manager at Flagship, a specialist global asset manager, where he manages global investment strategies and contributes macroeconomic insights to the investment process. He has more than 20 years’ experience investing across global markets.
Before joining Flagship, Philip held investment roles at JPMorgan, Fairtree, and Old Mutual. In these positions, he progressively built expertise in investment research, portfolio construction, and asset allocation, culminating in his move to Flagship as a Fund Manager.
Philip holds a Bachelor of Science in Mathematics from the University of Pretoria and is a CFA Charterholder.
James Hayward, BEng (Civil), CFA
Fund Manager
James Hayward (JD) is a Fund Manager at Flagship, a specialist global asset manager, where he manages global investment strategies, with a particular focus on global equity research and portfolio construction. He joined Flagship in 2021 as an equity analyst and has played an integral role in developing and implementing the firm’s investment process.
Before entering investment management, James worked in engineering and fintech start-ups. During this period, he pursued further studies in investments. He developed a strong analytical foundation and problem-solving approach, which supported his move to Flagship in 2021 as an equity analyst.
James holds a Bachelor of Engineering in Civil Engineering from Stellenbosch University and is a CFA Charterholder.
Jonathan Brink CA(SA)
Equity Analyst
Jonathan, or JJ as he prefers to be called, joined Flagship in 2021 as an equity analyst in the global investment team.
JJ graduated from Stellenbosch University with a Bachelor of Accounting Honours in 2016 and subsequently spent 3 years in Deloitte’s Financial Services Institutional Team in Johannesburg. During his articles he predominately serviced the asset management sector and gained great exposure to the industry. JJ qualified as a chartered accountant in 2020 and was selected to partake in a 7 month short-term contract to Deloitte in San Francisco, United States. JJ is a qualified chartered accountant and CFA charter holder.
Christo Terblanche BCom(Hons)
Head of Distribution
Christo is responsible for the growth of Flagship’s award winning global strategies, to both institutional and retail clients.
He joined Flagship after spending 15 years at Allan Gray in Institutional Client Servicing and Retail Product Development, while also serving as Chairman and Trustee of the Allan Gray Retirement Annuity and Provident and Pension Preservation Funds. He also served on the board of Allan Gray Life as an executive director for many years.

Ricky Lutchmia
Office Manager
Ricky Lutchmia is Office Manager at Flagship, where he is responsible for the day-to-day running of the office and assists with administrative tasks across the business.
Ricky has worked with members of the Flagship team for more than 25 years and has been part of Flagship since its establishment in 2001.

Naomi Van der Colff, BComm
Company Secretary & Financial Manager
Naomi van der Colff serves as Company Secretary and Financial Manager for Flagship through her company, Sea Star Tax and Accounting Services. She is responsible for financial management, company secretarial support, and oversight of Flagship’s bookkeeping and related financial administration.
Naomi has more than 25 years’ experience in accounting and financial management, and her relationship with Flagship spans more than 24 years, dating back to 2002. She served as Flagship’s Financial Manager and Company Secretary from 2002 to 2021, after which she established Sea Star Tax and Accounting Services, through which she continues to support the business. Earlier in her career, Naomi gained accounting and audit experience in South Africa and the United Kingdom.
Naomi holds a Bachelor of Commerce degree and is a registered Tax Practitioner with the South African Institute of Taxation Practitioners.

Candice Scholtz, BSc (Hons)
Head of Client Services  Â
Candice Scholtz is Head of Client Services at Flagship, where she oversees client servicing and administration and coordinates the firm’s cash management service. She has been with Flagship since 2016.
Candice brings more than 15 years’ experience across private client services, account management, administration and financial services. Before joining Flagship, she held client-facing and account management roles, including as a Private Client Manager at Aylett & Co. Fund Managers.
Candice holds a Bachelor of Science (Hons) degree.

Gabi HoughBA
Marketing & Administration
Gabi is responsible for digital marketing at Flagship and provides administrative support to Flagship’s fund managers and clients.

Emma Hulton BBusSci (Hons)
COO
Emma is the Chief Operating Officer of Flagship. She joined Flagship in 2019 as a global strategist and has over 20 years’ experience in asset management. Prior to Flagship, Emma worked at Coronation Fund Managers in research, operations and distribution support roles for the domestic and global investment teams. Emma also spent 2 years at Old Mutual Investment Group as Head of Operations of a global investment boutique. Emma graduated from UCT with a BBusSci (Honours) in 2001

Bruce Anderson CA(SA)
Senior Portfolio Manager
Bruce manages Flagship’s segregated portfolio services to high net worth clients.
Bruce graduated from UCT with a BCom in 1976 and qualified as a CA(SA) in 1981 following articles with Arthur Young in Cape Town. He spent 4 years at Irvin & Johnson as Financial Controller and then joined Fairheads Trust as Portfolio Manager in 1986. In his 20 years with Fairheads he managed a variety of funds including segregated pension and provident funds, various unit trusts, an international fund incorporating a composite hybrid fund of funds and direct equity mandate as well as segregated portfolio’s for high net worth clients. Bruce was a director of Fairheads Holdings, Fairheads Trust and Fairheads Asset Managers. In this time Bruce gained extensive experience across all asset classes and Fairheads Asset Managers twice headed the Alexander Forbes Manager Watch survey of retirement fund managers. In 2007 Fairheads disposed of their interest in Fairheads Asset Managers. Bruce remained with the company as a director and filled a number of roles including CIO and CEO. In November 2010 Bruce joined the Flagship Investment Team.

Kyle Wales CA(SA) CFA
Fund Manager
Kyle is a fund manager and member of Flagship’s global investments team.
Kyle has been investing internationally for over 15 years. Prior to Flagship, he worked at Coronation Fund Managers for 9 years in the Global and Global Emerging Markets teams, and also co-managed a global equities boutique at Old Mutual Investment Group. Kyle is a qualified chartered accountant and CFA charter holder.

Pieter Hundersmarck BCom (Econ), MSc (Fin)
Fund Manager
Pieter is a fund manager and member of Flagship’s global investments team.
Pieter has been investing internationally for over 15 years. Prior to Flagship, he worked at Coronation Fund Managers for 10 years in the Global and Global Emerging Markets teams, and also co-managed a global equities boutique at Old Mutual Investment Group. Pieter holds a BCom (Economics) from Stellenbosch University and an MSc Finance from Nyenrode Universiteit in the Netherlands.

Niall Brown, CA(SA)
Director and Fund Manager
Niall Brown is a Director and Fund Manager at Flagship, where he manages the Flagship IP Flexible Value Fund. He has managed the strategy since 2004 and is a member of Flagship’s broader investment team.
Niall brings more than 40 years’ investment experience across fund management, investment research and portfolio management. Before joining Flagship, he held senior leadership roles at HSBC, including Director and Head of Research, and later Chief Investment Officer of HSBC Asset Management South Africa.Â
After an 18-year career at HSBC, Niall founded Osborne Capital, a specialist fund management business that merged with Hermes Asset Management in 2009 and later became part of Flagship in 2011.Â
Niall is a Chartered Accountant (South Africa).

Paul Floquet, CA(SA), CFA
Director and Fund Manager
Paul Floquet is a Director and Fund Manager at Flagship, a specialist global asset manager, where he manages the Flagship Balanced Fund and contributes to the firm’s broader investment process and strategic direction.
Paul has more than 30 years’ experience in investment management, corporate finance and advisory services. He completed his chartered accountancy articles with Deloitte & Touche before moving to London, where he gained investment banking experience at JPMorgan and Merrill Lynch, and asset management experience with Vantage Investment Advisory.
After returning to South Africa, Paul worked in consulting and private equity advisory. He then re-entered the corporate sector as Group Finance Executive at African Banking Corporation. Paul joined Flagship in 2004 as a shareholder and investment director, and has played an important role in the business’s growth and development.
Paul is a Chartered Accountant (South Africa) and a CFA Charterholder.

Winston Floquet, CA(SA), MBA
Co-Founder & Chairman
Winston Floquet is Co-Founder and Chairman of Flagship. He co-founded the firm with Simon Hudson in 2001 and has played a central role in shaping Flagship’s investment heritage for over two decades.
Winston brings more than 55 years of investment experience across equities, fixed income, fund management, investment research and private client portfolio management. He began his career at Martin & Co in 1969, where he later served as Chief Executive Officer and Head of Research. During his tenure, Martin & Co was ranked the number one research house for 18 consecutive years. He managed private client portfolios throughout his investment career and ran the Martin & Co Provident Fund for more than 30 years.
Winston served as Flagship’s Chief Investment Officer for 20 years and received multiple industry awards for fund management during his tenure overseeing Flagship portfolios.
Winston is a Chartered Accountant (South Africa) and holds a Master of Business Administration degree.Â

Simon Hudson, BA, LLB
Co-Founder & Chief Executive Officer
Simon Hudson is Co-Founder and Chief Executive Officer of Flagship, which he established with Winston Floquet in 2001. He is responsible for the strategic leadership and management of the business, overseeing client relationships, distribution, governance and broader business operations.
Simon brings more than 30 years’ experience across investment management, private banking and financial services. After completing his legal articles in 1994, he joined Investec Private Bank, where he helped develop its private client investment business. He subsequently joined RMB Private Bank as Head of Corporate Distribution before moving to Fleming Private Asset Management in 1999 as Head of its Western Cape business, later becoming a director. In 2001, Simon led the management buyout of the business and, together with Winston, established Flagship Asset Management. He has served as Chief Executive Officer since the firm’s establishment and has played a central role in its development over the past 25 years.
Simon holds a Bachelor of Arts from the University of Cape Town, and a Bachelor of Laws from the University of the Witwatersrand.