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STANLIB Multi-Manager Balanced Fund – underlying manager changes
Keeping you updated with business news and the rationale behind changes to the STANLIB Multi-Manager solutions.
STANLIB Multi-Manager Property Fund – A trip down memory lane
There is a vast array of investment managers offering products in the property sector. As a multi-manager we research these managers to get an in depth understanding of their investment philosophy and to assess whether they are able to deliver alpha.
Shari’ah investing does not mean giving up on returns
Shari’ah investing in South Africa has been around since the 1990s, serving a community of investors looking to fulfil their ethical requirements.
STANLIB Multi-Manager Defensive Balanced Fund – underlying manager changes
STANLIB Multi-Manager Defensive Balanced Fund – underlying manager changes
Manager Pulse: Insights on developments within the asset management industry
Manager Pulse Autumn Edition – April 2021
Manager Pulse: Insights on developments within the asset management industry
Manager Pulse Summer Edition – January 2021
Dispelling the myths – model portfolios and CGT
Capital Gains Tax was introduced to the South African Income Tax Act, 1962 (‘the Act’) from 1 October 2001 and is applicable to capital gains made after that date. The Act sets out the basis for taxing the capital gains arising from the disposal of an asset.
When investing offshore do not overlook the importance of estate planning
South Africa is a small economy when seen in a global context, with only 0.5% of world GDP according to a Goldman Sachs report. It should therefore not come as a surprise that increasingly, more South Africans have decided to further diversify their investments by investing in global markets.
The tax treatment of investment income – local vs foreign
South African residents are subject to tax on their worldwide income. There is a difference in the way South African residents are taxed when investing locally or when investing abroad
How to reduce the number of accidents – do not forget your time horizon
The local Collective Investment Schemes (CIS) industry attracted net annual inflows of R213 billion in 2020 – the highest ever in the 55-year history of the industry. The majority of the flows (86%) went into interest bearing portfolios i.e. money market and income portfolios. This should not come as a surprise as these portfolios have been the best performing ‘asset class’ in the local market over the past three to five years.
Multi-Councillor through the lens of a Multi-Manager
When looking at a risk and return scatter graph of funds, it seems as if those funds are standalone entities, far removed from the faces of the portfolio managers behind them. In evaluating managers for more than 20 years, STANLIB Multi-Manager has found that these portfolio managers and how they are set up to make investment decisions can be a critical factor in evaluating the investment house overall. Reason being is that these managers are only human and subject to same human bias as all of us.
Understanding performance evaluation
Performance evaluation is one of those topics that is conceptually easy to understand, but your understanding begins falling apart once you get into the detail. Fortunately, there are great frameworks for thinking about this “problem”, and great tools for helping with the exercise.
Understanding where asset managers fall in the continuum
All asset management companies and portfolio managers are different and it is important to understand each of these before deciding to invest with them as they all seek and achieve alpha differently.
Key factors to consider when evaluating asset managers
Performance evaluation is carried out to find the “best” manager to meet a specific portfolio need, or to check if an existing manager still meets the client’s original portfolio need.