INESTMENT AIT SERIES - Grayswan Investment · DUNA TEON AUGUST 2016 l T l SPOTLIGHT INESTMENT AIT...
Transcript of INESTMENT AIT SERIES - Grayswan Investment · DUNA TEON AUGUST 2016 l T l SPOTLIGHT INESTMENT AIT...
DUNCAN THERON AUGUST 2016
www.grayswan.co.za l 021 852 2092 (CT) l 011 431 0141 (JHB)
SPOTLIGHT
INVESTMENT AUDIT SERVICES
INVESTMENT CONSULTING I WEALTH MANAGEMENT I REPORTING
CHIEF EXECUTIVE OFFICER
The purpose of an Investment Audit is to provide an independent “second opinion” whether an investment strategy and structure as well as the selected investment managers and funds as well as the related fees paid for such could be enhanced. Our experience of working in both the local investment advisory industry and the offshor investment management industry, where we either consulted to or managed most of the largest institutional funds’ assets in South Africa, puts us in a position to provide recommendations, which we believe are Global Best Practice for any investor.
An Investment Audit service incorporates a review of the following:
• Investment strategy;• Investment structure;• Investment Policy Statement (IPS); • Responsible Investment Policy; • Rebalancing and Transition Management Policy; • Securities Lending Policy and the• Transaction Cost Policy.
As part of the Investment Audit, we also provide a quantitative as well as qualitative review of:
• Each of the investment managers invested in versus their defined benchmarks and performance targets a as well as versus their respective peer groups;
• All the investment managers’ contractual arrangements i.e. the investment management agreement and the mandates;
• The performance targets, benchmarks and risk guidelines used by the investor and the selected investment managers;
GraySwan Investments provides investment advisory services to institutional
investors such as retirement funds, endowments, corporate clients and wealth
management services to family offices as well as private clients. Our strength is our
extensive investment and risk advisory and investment monitoring experience which
we have gained over the past fifteen years. We are our clients’ global long term
strategic investment thinking partners.
SPOTLIGHT
Where we put the Spotlight on GraySwan services, types of investment products and exciting investment ideas.
SPOTLIGHT INVESTMENT AUDIT SERVICES
INVESTMENT CONSULTING I WEALTH MANAGEMENT I REPORTING
www.grayswan.co.za l 021 852 2092 (CT) l 011 431 0141 (JHB)
• Current fee structures of the selected investment managers and the relative attractiveness thereof in the industry.
Where no Policies exist we could provide the investor with draft Policies post the Investment Audit. In order for us to be able to conduct an Investment Audit, we will need the following information from the investor (in electronic format):
• An outline of the investment strategy and structure; • A copy of all the various Policies implemented by the investor; • Each of the signed investment manager mandates; • Monthly investment manager performance, net and gross of all fees, as from inception (in excel format);• Monthly investment manager market values as from their inception (in excel format).
We believe an Investment Audit is of material value to any investor, whether you’re a Trustee of a large retirement fund or a private investor which requires a second opinion.
MORE INFORMATION
If you have any question regarding our Research, Investment Consulting, Wealth Management or Reporting services please contact us today.
SPOTLIGHT
OUR INVESTMENT TEAM
The core of our investment team has been working together for more than 10 years. Our collective investment experience exceeds a 100 years of advising to and managing most of the largest institutional client’s assets in South Africa. Since the inception of GraySwan have we not lost any investment consultants or senior members of the team making us one of the most stable and experienced investment teams in the industry.
KOBUS FOUCHEHead of Reporting
Senior Investment [email protected]
KARLIEN DE BRUIN, CFAHead of Responsible Investing
Senior Investment [email protected]
TANIA THERONHead of GraySwan Wealth
Senior Investment [email protected]
DUNCAN THERONChief Executive Officer
Executive Investment [email protected]
DAVID MAETLAHead of PeerGroup Surveys
Senior Investment [email protected]
GREGOIRE THERONHead of Manager Research
Senior Investment [email protected]
INVESTMENT CONSULTING I WEALTH MANAGEMENT I REPORTING
www.grayswan.co.za l 021 852 2092 (CT) l 011 431 0141 (JHB)