Rob Formby

Rob Formby

Rob is chief operating officer. He joined Allan Gray in 2009, taking on joint responsibility for the Retail business, specifically operations, technology and financial management. He was previously employed at the Mvelaphanda Group as a strategy consultant. Rob holds a Master of Business Administration from INSEAD and a Bachelor of Science degree in Mechanical Engineering from the University of Cape Town.

Articles by Rob Formby

2020 Q4 Comments from the Chief Operating Officer

By Rob Formby on 27 Jan 2021

There seem to be fewer articles in mainstream media this year encouraging people to set goals for the year ahead. With COVID-19 prevailing, it feels less lik...

Investment team update

By Rob Formby on 01 Jul 2020

We take this opportunity to bid farewell to some of our investment team colleagues and announce a number of resultant promotions.

2020 Q2 Comments from the Chief Operating Officer

By Rob Formby on 01 Jul 2020

When I wrote my comments in mid-April, we were just about one month into lockdown. We have now passed 100 days, with the health and economic crises leaving a...

2020 Q1 Comments from the Chief Operating Officer

By Rob Formby on 23 Apr 2020

This is the 80th edition of our Quarterly Commentary, which was launched in the first quarter of 2000. Each issue has been printed and sent to you via post o...

Allan Gray will continue to operate during the COVID-19 lockdown

By Rob Formby on 24 Mar 2020

Following President Cyril Ramaphosa’s announcement of a 21-day country-wide lockdown as of midnight on 26 March 2020, we would like to reassure you that Alla...

Our commitment to business continuity during COVID-19

By Rob Formby on 17 Mar 2020

With so much uncertainty in the markets as a result of the COVID-19 coronavirus, we recognise the importance of being available to our clients.

2019 Q4 Comments from the Chief Operating Officer

By Rob Formby on 29 Jan 2020

This issue of our Quarterly Commentary is dedicated to our founder, Allan William Buchanan Gray, who sadly passed away in November. He lived a life of purpos...

2019 Q3 Comments from the Chief Operating Officer

By Rob Formby on 28 Oct 2019

I recently attended a presentation by trend analyst Dion Chang. He spoke passionately about the way the world is transforming as industries digitise and...

2019 Q2 Comments from the Chief Operating Officer

By Rob Formby on 29 Jul 2019

You’ve probably heard the saying, “if you don’t stand for something, you’ll fall for anything”. This modern proverb is as true for investing as it is for you...

Investors need to block out 'noise' ahead of elections

By Rob Formby on 06 May 2019

It is understandable for investors to feel jittery in the run-up to the national elections, but giving too much air time to market noise is never a good idea...

2019 Q1 Comments from the Chief Operating Officer

By Rob Formby on 29 Apr 2019

The first quarter of 2019 was characterised by a lot of “noise”: political noise as parties gear up for the general elections, noise generated by our energy...

2018 Q4 Comments from the Chief Operating Officer

By Rob Formby on 25 Jan 2019

2018 was a difficult year for local investors, with the FTSE/JSE All Share Index (ALSI) delivering -8.5%.This result caught many investors off guard as 2017...

2018 Q3 Comments from the Chief Operating Officer

By Rob Formby on 17 Oct 2018

A lot can happen in 20 years. The iPhone was introduced in 2007, 11 years ago. Facebook and WhatsApp, which started in 2004 and 2009 respectively, have been...

Steinhoff class action

By Rob Formby on 28 Sep 2018

Allan Gray, along with other South African institutions, is participating in a class action case being run in the Netherlands by Dutch law firm BarentsKrans ...

2018 Q2 Comments from the Chief Operating Officer

By Rob Formby on 30 Jun 2018

This is my first issue of Quarterly Commentary in my new role as chief operating officer. I am excited and privileged to help lead Allan Gray forward,...

Thinking about your view of risk

By Rob Formby on 19 Apr 2018

Our primary concern as an investment manager is creating wealth for clients. To do this, we need to balance investment performance for clients with the risk...

Don't let good news headlines thwart your savings plans

By Rob Formby on 06 Apr 2018

Positive sentiment in the country is being fuelled by a change in political leadership, the stronger rand, a higher-than-expected GDP growth rate and a more...

Making sense of unit trust categories and intentions

By Rob Formby on 31 Dec 2012

We aim to ensure that our range of funds offers enough choice to meet your needs but remains manageable, without being confusing or creating too much overlap...

A balancing act

By Rob Formby on 27 Sep 2012

We have written at length about the perils of switching and trying to time the market, noting how investor behaviour plays an important role in investor...

Delayed gratification is priceless

By Rob Formby on 02 Dec 2011

Acknowledging your future financial needs and making concrete plans to meet these is a discipline that will benefit you and your family enormously. It is the...

Questions for personal investing

By Rob Formby on 31 Mar 2011

Rob Formby suggests five questions you may want to ask regarding your personal investments. Every person's situation is unique, so the list is not exhaustive...

Capital Gains Tax and how it affects unit trust investors

By Rob Formby on 31 Mar 2010

At Allan Gray, we focus on managing your investments. We acknowledge that there are important aspects of investing - such as tax on your investments - that a...


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