Manager Research
all members of our manager research team have over ten years of investment experience.
We have recently finalised our rating of the Orbis Global Balanced fund. As with a number of other global multi-asset funds we have covered recently the complexity of multi-asset investing means a significant commitment of time for both our team and the fund manager in question. This fund was no different – all in we have spent about 6 months start to finish. We are very familiar with Orbis’s approach to managing global equities, however this fund – by virtue of its lower risk mandate – utilises a more conservative approach in its equity selection. This meant we needed to spend considerable time evaluating what was essentially a new way of managing money for Orbis. Add to this the new requirement to cover global fixed income, as well as manage an asset allocation process, which ultimately led to us having some concerns across the fund. Our approach to ratings is evidence based, and with new funds such as this it makes our job all the more difficult. We hope to gain more comfort in future as the management of this fund develops.
Rating Orbis Global Balanced
14 Dec 2015