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.
all members of our manager research team have over ten years of investment experience.
Research Comments
Orbis Fee Changes
31 Jan 2020
31 Jan 2020
The Orbis fee structure has been widely debated over time as investors have weighed up what appears to be an expensive fee, with what has in practice been a significant level of value add, totaling almost 6%[1] additional return per year for 30 years. Where alternative funds have charged signi...
Read More
RECM merges with Counterpoint Asset Management
10 Jan 2020
10 Jan 2020
RECM and Counterpoint Asset Management have announced that the two businesses will be merging in 2020. The rationale behind the transaction is to build a stronger and more scalable business in an industry facing increasing regulatory and margin pressures.
The transaction is still subject to regulat...
Read More
Associated local fund ratings
Associated offshore fund ratings
Fund Manager Updates
13 Dec 2019
13 Dec 2019
We have concluded reviews on a range of funds across several managers recently. The reviews form part of our ongoing monitoring of funds under coverage, which undergo a formal review over a 12-18 review cycle. The commentary below summarises our views on the funds, highlighting any updates and chang...
Read More
Associated local fund ratings
Associated offshore fund ratings
Update on Investec's Demerger
21 Nov 2019
21 Nov 2019
Investec Asset Management announced their intention to demerge from the Investec Group in September last year. Read more about this announcement here. In order for this to go ahead, Investec needed approval from the relevant regulators and from shareholders. Regulators recently gave the demerger the...
Read More
Patrice Rassou resigns from SIM
31 Oct 2019
31 Oct 2019
Sanlam Investment Management (SIM) announced that Patrice Rassou has resigned from the business to take up the role of Chief Investment Officer at Ashburton Investments. Patrice is currently the Head of Equities at SIM and the portfolio manager on the SIM Top Choice Equity and SIM General Equity fun...
Read More
Rehana Khan resigns from Prudential
31 Oct 2019
31 Oct 2019
Prudential informed us that Rehana Khan has resigned and will be leaving the business at the end of October. Rehana has been with Prudential since 2008, starting out as a portfolio manager assistant, before progressing to an analyst and a portfolio manager later on. In 2018 she was promoted to Head ...
Read More
Ballot to amend investment policy on Kagiso's equity funds
14 Oct 2019
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...
Read More
Associated local fund ratings
31 Jan 2020 Associated local fund ratings