Multi-asset local mandates
Multi-asset class mandates allow portfolio managers discretion to choose securities across local asset classes (equities, bonds, commodities and property) within the constraints of the mandate.
- Institutional investors with an average risk tolerance
- Actively managed domestic only mandate
- Investments selected from all asset classes
- Represents Allan Gray’s best view for a balanced mandate
- Superior long-term returns
- Risk will be higher than Domestic Stable Portfolio but less than the Domestic Absolute Portfolio
- Highly risk-averse institutional investors
- Conservatively managed domestic only mandate
- Investments selected from all asset classes
- Shares selected with limited downside and a low correlation to the stockmarket
- Modified duration of the fixed-interest component will be conservative
- Superior returns to money market investments
- Limited capital volatility
- Strives for capital preservation over any two-year period
- Institutional investors seeking superior absolute returns (in excess of inflation) over the long term with a higher than average short-term risk tolerance
- Actively managed domestic only mandate
- Investments selected from all asset classes
- Reflects the manager’s strong investment convictions and could deviate
- Superior absolute returns (in excess of inflation) over the long term
- Risk of higher short-term volatility than the Domestic Balanced Portfolio