Manager Research

We provide detailed institutional-quality global investment manager research and fund ratings. Based in South Africa and the UK,
all members of our manager research team have over ten years of investment experience.

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Research Comments

Ballot to amend investment policy on Kagiso's equity funds
14 Oct 2019
Kagiso is proposing a change to the investment policy on the Kagiso Equity Alpha and Kagiso Islamic Equity funds to clarify the permissible offshore exposure in their funds and to allow for investment in foreign collective schemes. For the changes to go ahead they have to ballot investors and receiv...
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New Fund Rating: Prudential Core Value Fund
19 Sep 2019
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Obsidian SCI Balanced Downgraded to Tier 3
19 Sep 2019
We have downgraded the rating on the Obsidian SCI Balanced Fund to Tier 3 following our last review with the team. Obsidian offers a differentiated offering to investors through this fund, and the founders and portfolio managers, Royce Long and Richard Simpson, have a demonstrated ability in impleme...
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Nedgroup Investments Property Fund Downgraded to Tier 2
2 Aug 2019
We have reviewed the Nedgroup Investments Property Fund to test whether we have sufficient levels of comfort around the core components of the fund, including the business, process and team. Our Tier 1 rating to date was informed by our confidence in portfolio manager Ian Anderson’s experience...
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New Funds Rated: Aylett Equity, Balanced and Nedgroup Investments Bravata
2 Aug 2019
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ABSA Property Equity Fund Downgraded to Tier 3
2 Aug 2019
We had a review meeting with ABSA Asset Management recently, covering their absolute return, multi-asset, equity and listed property capabilities. Following our engagements with the business we have downgraded the ABSA Property Equity Fund from Tier 2 to Tier 3. Our positive rating on the fund prior...
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Changes to the Baillie Gifford Managed Fund
26 Jul 2019
Baillie Gifford announced changes to the investment objective and investment policy of the Baillie Gifford Managed fund. The proposed changes are as follows:   Change to the Fund's investment objective  CURRENT NEW Capital growth over the long term Capital growth ov...
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Coronation Offshore Fee Changes
26 Jul 2019
Coronation recently announced changes to the fee structure on their offshore equity funds, where the performance fees are being dropped in favour of fixed fees. The latest changes to the fees ware prompted by new regulations affecting Irish domiciled UCITS funds, in anticipation of regulatory ranges...
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New Fund Rating: Discovery Flexible Property Fund
25 Jun 2019
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Stanlib Aggressive Income merged with Stanlib Flexible Income
25 Jun 2019
The Stanlib Aggressive Income Fund has been merged into the Stanlib Flexible Income Fund. This merger was completed in May 2019 and means that any investors who were invested in the Stanlib Aggressive Income Fund will now hold units within the Stanlib Flexible Income Fund. This follows a sustained p...
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