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
Sarasin IE Multi Asset Dynamic Fund (USD)
20 Jan 2023
20 Jan 2023
We have recently concluded our review of the Sarasin IE Multi Asset Dynamic Fund and retained our Tier 3 rating.
Sarasin is a well-managed business with relatively high levels of employee ownership, although there are some elements of the business structure where we have subtle conce...
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Associated offshore fund ratings
Sands Capital Global Growth & BCI Sands Capital Global Feeder Rated Tier 1
2 Dec 2022
2 Dec 2022
We recently concluded our review of the Sands Capital Global Growth Fund (& BCI Feeder equivalent), which we have rated Tier 1. This rating marks the culmination of a fund search process which began in early 2022 where we identified the need to expand the range of options available for investors...
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Associated local fund ratings
Associated offshore fund ratings
Camissa Global Equity Funds Reviewed
5 Jul 2022
5 Jul 2022
We recently completed our reviews of the Camissa Global Equity and Islamic Global Equity funds and have rated both funds Tier 3.
Camissa is a long-standing independent asset management business with a fund range spanning from local multi-asset to global equity. We have and continue to rate t...
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Associated local fund ratings
Associated offshore fund ratings
Orbis Global Equity Fund Reviewed
31 May 2022
31 May 2022
We recently concluded our review of the Orbis Global Equity fund and have decided to retain our Tier 2 rating.
Orbis is a long-standing fund manager with many strong attributes in place which support long term active fund management according to their contrarian investment approach.
In 2016, we ev...
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Associated offshore fund ratings
Fund Research Update
28 Feb 2023
28 Feb 2023
We have concluded reviews on a range of funds across several managers recently. The reviews form part of our ongoing monitoring of rated funds, which undergo a formal reviews periodically. This commentary below summarises our views on the funds, highlighting any updates and changes to our outlook an...
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Associated local fund ratings
Associated offshore fund ratings
Kagiso Asset Management Funds Reviewed
10 Dec 2021
10 Dec 2021
We recently completed our review of the Kagiso fund range, and we have retained all of the ratings on the funds that we cover. Below, we provide a summary.
Fund
Rating
Kagiso Equity Alpha Fund
Tier 1
Kagiso Balanced Fund
Tier 2
Kag...
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Associated local fund ratings
Prudential changes its name to M&G
25 Nov 2021
25 Nov 2021
On the 15th of November Prudential officially changed its name to M&G Investments. This is in line with the acquisition by M&G plc of Prudential Portfolio Managers (South Africa) which occurred earlier in the year, and we wrote about here.
The changes to Prudential’s name and ...
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Associated local fund ratings
Investec Limited Cum-Ex Tax Investigation
10 Nov 2021
10 Nov 2021
Investec Limited's involvement in the Cum-Ex tax Investigation has recently resurfaced in the media. The Cum-Ex Tax Investigation is a name given to a large number of transactions that took place prior to 2012 in Europe. It involved exploiting a loophole in European tax law that enabled more than on...
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Associated local fund ratings
Associated offshore fund ratings
Mazi Prime Equity Fund - Downgraded from Tier 2 to Tier 3
10 Nov 2021
10 Nov 2021
We recently completed a full review of the Mazi Prime Equity Fund. The outcome of this review is that we have downgraded the fund from Tier 2 to Tier 3. Below we provide an overview of our rationale.
Background
Mazi Capital was founded in 2006 by Malungelo Zilimbola after he left RMB. The company ...
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Associated local fund ratings
3 Feb 2023