As­set con­sul­tant/ fidu­ciary man­ager/multi-man­ager

Finweek English Edition - - COLLECTIVE INSIGHT -

Ta­ble 1: The po­ten­tial ser­vices pro­vided As­set/li­a­bil­ity modelling

Set­ting of the In­vest­ment Pol­icy State­ment

Iden­ti­fy­ing and blend­ing op­ti­mal range of man­agers to deliver on the iden­ti­fied li­a­bil­ity Val­u­a­tion of al­ter­na­tive as­set classes (pri­vate eq­uity, di­rect property, etc.) Per­for­mance reporting and in­di­vid­ual man­ager level

ESG Reporting Re­bal­anc­ing and dy­namic hedg­ing strate­gies Uni­ti­sa­tion ser­vices whose func­tion it is to im­ple­ment these three steps di­rectly on be­half of the fund.

There are per­sis­tent de­bates as to which is more ef­fec­tive: a holis­tic frame­work for man­ag­ing and im­ple­ment­ing the whole li­a­bil­ity man­age­ment prob­lem, or a ser­vice where all these func­tions are sep­a­rated. Un­for­tu­nately, while the first al­ter­na­tive may pro­duce bet­ter long-term

Risk bud­get­ing Es­tab­lish­ing and man­ag­ing strate­gic

al­lo­ca­tions to as­sets and strate­gies

Risk man­age­ment Reg 28. com­pli­ance

reporting Per­for­mance anal­y­sis ag­gre­gate and at­tri­bu­tion Proxy voting reporting Tran­si­tion man­age­ment

Stock bro­ker­age or pro­cure­ment ser­vices re­sults, the con­flict of in­ter­est is­sues can be dif­fi­cult to ad­e­quately man­age. Know the ‘an­i­mal’ you are deal­ing with and make sure you man­age those con­flicts.

Newspapers in English

Newspapers from South Africa

© PressReader. All rights reserved.