Manager Research

Coronation announced widespread changes to the fee structures on many of their funds, as well as changes to the benchmarks and mandates on certain funds. The changes are generally positive (but not in all cases) for their clients and a relatively material shift that we suspect may have many South Af...

We have sent out various updates over the past year on Cadiz and the significant business issues that they have been facing.  There have been significant changes in shareholding and the business over the past year.  The latest changes have been the outsourcing of the back office which has ...

New Fund Rated: Old Mutual Investors' Fund

New Fund Rated: Prescient Income Provider Fund

We have recently completed ratings on the PSG global range of funds.  PSG is a business which is developing quite quickly into a substantial market participant, showing strong growth in assets under management.  Their range of SA funds is well established and the team has been relatively s...

New Fund Rated: Laurium Flexible Prescient Fund

This is a fund we have not yet formally rated, but have been tracking as one of Investec’s core offshore products in the SA market.  Historically it was managed as a fund of funds where it combined a number of underlying Investec global equity strategies into a single hybrid fund (Franchi...

New Fund Ratings: Momentum Bond and SIM Active Income

New Fund Rated: Truffle Flexible Fund