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
New Fund Ratings - Momentum Equity and Foord Conservative
18 May 2015
18 May 2015
New Fund Ratings - Momentum Equity and Foord Conservative
Associated local fund ratings
Ian Liddle to be replaced by Andrew Lapping as Allan Gray CIO
11 May 2015
11 May 2015
Following the tragic passing of Simon Marais (Chairman and ex Chief Investment Officer) in February 2015, Allan Gray announced on Friday that Ian Liddle will be taking over as Chairman with immediate effect. Ian will continue in his role as CIO until March 2016 when Andrew Lapping will take ov...
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Associated local fund ratings
Associated offshore fund ratings
New Fund Rated: Sesfikile SCI Property Fund
5 Apr 2015
5 Apr 2015
Read our rating report on the Sesfikile SCI Property Fund
Associated local fund ratings
Fund Under Review: Allan Gray Orbis Global Fund of Funds
29 Mar 2015
29 Mar 2015
We have placed this fund under review (it currently holds a Tier 2 rating). In our initial evaluation our main concern was that the fund was limited to a set of Orbis funds to implement its investment strategy. This meant that not all investment views which the Allan Gray team wanted to ...
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Associated local fund ratings
RECM Funds Rating Review and Rating changes
29 Mar 2015
29 Mar 2015
As part of our ongoing fund research process we regularly revisit funds we have covered in the past. We have recently completed our review of the RECM funds – clients will be aware that RECM funds have been ‘Under Review’ for some months, and given the material changes more r...
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Associated local fund ratings
Associated offshore fund ratings
Nedgroup Opportunity Fund : Rating upgrade from Tier 3 to Tier 2
10 Mar 2015
10 Mar 2015
We have changed the rating of the Nedgroup Investments Opportunity Fund from Tier 3 to Tier 2. We first rated the fund in late 2013, and at that stage we had a range of concerns relating to the fund:
the fixed income team and process had only recently been brought into a previously equity c...
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Associated local fund ratings
Allan Gray Equity Fund: Understanding the changes
9 Mar 2015
9 Mar 2015
We’ve been asked by a number of clients what our view is regarding the Allan Gray Equity fund changes. As a refresher the changes are:
1. The inclusion of offshore equities in the portfolio, up to 25% which will be accessed via Orbis. In addition they can hold up to 5% in Af...
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Associated local fund ratings
Business Changes at RECM
24 Feb 2015
24 Feb 2015
Clients will be aware that we recently changed the rating on the Nedgroup Managed Fund to Tier 3 and also placed the RECM unit trusts Under Review. RECM management have now taken some bold steps which will impact the future of the business and also what clients can expect in terms of investmen...
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Associated local fund ratings
Associated offshore fund ratings
Fund Under Review: Nedgroup Investments Growth Fund (Electus)
16 Feb 2015
16 Feb 2015
We have recently covered the equity unit trusts managed by Electus. Electus is one of the Old Mutual boutiques which originated around 8 years ago. In January 2015 it was announced that Electus and OMIGSA would part ways, and Electus would become a 100% independent fund manager. This is ...
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Associated local fund ratings
24 May 2015