Stan­lib is top off­shore man­ager

Weekend Argus (Saturday Edition) - - GOODHANGOUTS -

Stan­lib Multi-Man­ager won the Rag­ing Bull Award for the Off­shore Man­age­ment Com­pany of the Year af­ter scor­ing the high­est av­er­age PlexCrown rat­ing for its two off­shore funds that are reg­is­tered with the Fi­nan­cial Ser­vices Board (FSB) in South Africa.

Kent Grobbe­laar, the com­pany’s Lon­don-based fund man­ager, chooses a range of global man­agers to man­age a global bond fund, which achieved an above-av­er­age rat­ing of four PlexCrowns, and a global eq­uity fund, which re­ceived an av­er­age three-PlexCrown rat­ing.

In­vestec, which has a much broader range of 19 off­shore funds avail­able in South Africa, was sec­ond on av­er­age PlexCrown rat­ings.

The com­pany achieved a sec­ond po­si­tion among its peers for manag­ing as­set al­lo­ca­tion funds, and was joint first for the man­age­ment of United States eq­uity funds.

Ash­bur­ton, with 22 FSBreg­is­tered off­shore funds, was rated third due to a first po­si­tion in global as­set al­lo­ca­tion.

Ash­bur­ton also did well in the Euro­pean eq­uity and US eq­uity cat­e­gories, where it achieved a first po­si­tion and a joint-first po­si­tion.

PlexCrown Fund Rat­ings says other in­vest­ment houses that de­serve a men­tion are: Aviva, top of the United King­dom eq­uity cat­e­gory; In­vesco, best in the Ja­pan eq­uity cat­e­gory; Or­bis, first in the global eq­uity and Far East eq­uity cat­e­gories; and TriAl­pha, top of the global fixed­in­ter­est charts. – Laura du Preez

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