Nico is responsible for researching South African equities. He started his career by completing his articles at Deloitte, which included a secondment to the US. Following this, Nico worked in London’s banking sector in various middle-office and back-office roles. In 2007, he joined X-Chequer Fund Management as an equity analyst and later became a co-portfolio manager of an equity strategy. Nico started consulting for Denker Capital in 2023 and us permanently in 2025.