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Our History

Orbis was founded in 1989 to provide clients with performance-oriented global investment management based on the principles of fundamental, long-term and contrarian thinking. While these principles remain unchanged since inception, we have continually reinvested in our people, processes and technology to build scalable and sustainable investment and operational capabilities. We have also continued to manage the same core strategies (global equity and hedged global equity) since the firm’s inception.

Our approach to investment management and the firm’s Core Values can be traced directly to the vision of our founder Allan W B Gray. A graduate of Harvard Business School, Allan began his investment career in 1965 at Fidelity Management and Research in Boston. After eight years at Fidelity, he returned to his native South Africa to start his own firm, which later became Allan Gray Proprietary Limited. With more than $30 billion under management, that firm is now the largest privately owned and independent asset manager in Southern Africa. Orbis was subsequently formed to develop a global investment capability by applying the same investment and organisational philosophies.

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