Pointbreak inaugurates new building

Boasting N$3 billion in assets under their management as well as 1 800 client accounts, Pointbreak inaugurated their new building in the capital earlier this week. Pointbreak provides investment management services in the form of unit trust management, private client investment management, financial planning, trusts, wills and estates, private equity through its long-standing association with Stimulus, and short-term insurance through its subsidiary, Namsure.

According to Gerald Riedel, Pointbreak Executive Director: ?As a Namibian financial services group of companies, it is our intention to apply ourselves to the benefit of all Namibians. We are therefore proud to present Pointbreak?s new offices, designed to represent a large homestead, as a financial home to those people in Namibia in need of our services.?

The building was inaugurated by the founding president, Mr Sam Nujoma, who also presented Pointbreak bursary holders with his signed biography. During the event it was announced that Pointbreak will acquire the business of Keller & Neuhaus as a going concern, effective 1 May 2012, subject to approval by the Namibian Competition Commission. Nerma Hartman, head of Pointbreak Trust, Wills and Estates: ?Having started operations in 1929, Keller & Neuhaus is one of the oldest business establishments in Namibia with a tradition of service excellence in Trust and Estates administration.

The wealth of experience embedded in the staff members of Keller & Neuhaus will further enhance Pointbreak?s comprehensive Wealth Management offering.? Pointbreak is a Namibian group with offices in Windhoek, Swakopmund and Cape Town.