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

Sands Capital Global Growth & BCI Sands Capital Global Feeder Rated Tier 1
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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Camissa Global Equity Funds Reviewed
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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Orbis Global Equity Fund Reviewed
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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Fund Research Update
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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Kagiso Asset Management Funds Reviewed
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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Prudential changes its name to M&G
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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Investec Limited Cum-Ex Tax Investigation
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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Mazi Prime Equity Fund - Downgraded from Tier 2 to Tier 3
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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Prescient Fund Range Reviewed
5 Nov 2021
We recently concluded a review on Prescient’s range of funds which included the initiation of coverage on the Prescient Flexible Bond Fund at a Tier 2 rating. Outside of this new fund rating, we have also upgraded the rating on the Prescient Balanced Fund and moved two strategies to the watchl...
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Stanlib partners with JP Morgan Asset Management
29 Oct 2021
Stanlib Asset Management (Stanlib) recently announced that it had partnered with JP Morgan Asset Management (JPMAM) as its new offshore partner. JPMAM is set to provide Stanlib with investment management capabilities to complement the SA manager’s existing offering.   According to Stanl...
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