Investment approach

Philosophy – specialist active management

STANLIB’s emphasis on recruiting and retaining talented individuals and a ‘dare to question’ attitude has fostered a rich and diverse business culture, which is evidenced through our people.

With specialists in the fields of asset allocation, company research, equity and fixed interest management, multi-asset class management, property investment, quantitative research and international investments, our unmatched blend of skills make up a powerful investment team that is one of the most qualified in South Africa. And our investment professionals firmly believe in active portfolio management and strive to constantly improve on their already superior research and investment processes.

Each investment proposition is staffed by a team of investment professionals who focus on managing funds in their area of expertise according to our multiple specialist approach to managing portfolios.

 

Research

The investment managers all share a commitment to the robust STANLIB research process, and to the ongoing enhancement of our proprietary research database.

Our analysts conduct fundamental research on up to 230 companies. Bottom-up company research is complemented by our economists, providing insights into broader domestic and global economic issues.

CRISA Considerations
Proxy voting

 

Offshore partners

STANLIB Asset Management has adopted a multiple specialist approach to managing the various asset classes. As part of this approach, we have outsourced the management of our offshore fixed interest solution to Brandywine Global Investment Management and our offshore equity solution to Threadneedle Investments.

BrandyWine Global Investments

In managing STANLIB’s Fixed Interest mandates, Brandywine aims to do the following:

  • Outperform the Barclays Capital Aggregate Global Index by at least 2% annually over a market cycle (approximately three to five years)
  • Provide long-term returns in excess of the rate of inflation
  • Provide capital preservation through focus on undervalued securities

The investment process focuses on the following:

  • Investing in bonds with the highest real yields
  • Managing currency in a way that is designed to protect principal and increase returns
  • Patiently rotating among countries
  • Controlling risk by purchasing undervalued securities
Brandywine Global believes in Value Investing; Active Management; Absolute Return and Mean Reversion.

Threadneedle Investments

At Columbia Threadneedle Investments we know investors want strong and repeatable risk-adjusted returns and we aim to deliver this through an active and consistent investment approach that is team-based, risk-aware and performance-driven.

Better insights
Our talented investment teams around the world work together to uncover investment insights. By sharing knowledge across asset classes and geographies, we are able to generate richer perspectives on global, regional and local investment landscapes.
Better decisions
The ability to exchange and debate investment ideas in a collaborative environment enriches our teams’ investment processes to ensure our best insights are applied to portfolios. More importantly, it results in better-informed decisions for our clients.
Better outcomes
Our broad range of investment strategies and solutions are designed to meet the evolving needs of our clients, whether they are individuals, advisers or institutions. We are committed to first class client service and investment excellence. We have a dedicated team of more than 2,000 colleagues across the globe, all with a common goal.

Your success is our priority.

Columbia Threadneedle Investments is the global asset management group of Ameriprise Financial, Inc. (NYSE:AMP), a leading US-based financial services provider.

Fidelity Worldwide Investments

STANLIB's managed portfolios, in its offshore Unit Trust range are fund of funds, each comprising of a carefully selected balance of portfolios from the Fidelity International range. The structure provides access to Fidelity's global network of investment management and research expertise.

Fidelity International, established nearly 40 years ago, has portfolio management and research staff in 12 financial centres around the world and offices in 23 countries. Fidelity International and its subsidiaries manage assets worth $141.8 billion.

The cornerstone of Fidelity’s investment approach is research. As well as studying financial results, analysts and fund managers visit companies, meet their managers and talk to suppliers, customers and distributors, giving the investment team a clear 360° view of each company they invest in.