This year’s Raging Bull Awards held in Cape Town, were a clear confirmation of how the South African unit trust market is taking on a new character. The accolades were dominated by smaller managers, with boutique house MiPlan emerging as the South African manager of the year. Equally noteworthy was that another boutique firm – Kagiso Asset Management – took home the most fund awards on the night. In total, its funds won in six categories. Investec Asset Management had the second highest tally with four.