Our association with Stonehage provides us with access to a team of 10 investment professionals both locally and abroad.
Top-down investment idea-exchange between the International and South African Investment Committees is a key strategic input into our investment process. This translates into local expertise with a global perspective. Our Investment Analysis and Due Diligence processes provide bottom-up manager and security selection inputs into the process.
Idea generation is a key component to ensure that we have adequate diversification to allow for consistent alpha. Attribution is done at portfolio, underlying manager level and in certain instances, instrument level. At a portfolio level we measure relative performance contribution of each strategy, and at underlying manager level we measure the performance of each manager versus the benchmark of their individual mandates. There are no direct trading costs in buying or selling underlying managers. However, we critically monitor the execution and trading costs of each underlying manager.