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| Where I Am? | Viewer ==> The evolving role of balanced funds | |||||||||||||
Allan Gray Unit Trust Management |
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| Allan Gray Unit Trust Management | Q1 of 2023 | 3 years ago |
Balanced funds have been an important part of the South African savings landscape for many years. When we launched the Allan Gray Balanced Fund in 1999, multi-asset equity funds represented approximately 6% of the overall unit trust industry, but grew steadily over the next 10 years to reach around 25% in 2010, and just under 40% at the end of 2022. Multi-asset high-equity funds, or balanced funds, represent over half of this category and were a key part of this growth.
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In 2019, Stanlib spinned off index tracking funds to a boutique asset manager 1VEST.Botique CI (BCI) was birth by some members of the management of Met CI in the 2010s when Metropolitan was restructuring to merge with Momentum.The operation licence of Stringfellow Asset Management was revoked after it was found operating an illegal investment ponzi scheme. Stringfellow was established by Thomas Stringfellow. |
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| Disclaimer |
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| Our unit trusts prices captured in and around the end of each month and are rounded off to the nearest full 1 cent. |