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Global: Portfolio Management

Overview

Our Discretionary Portfolio Management are for clients who require an actively managed portfolio without the burden of day-to-day decision making. Our global team of portfolio managers are focused on delivering your investment objectives and financial goals, by bringing to bear their collective experience as well as the best of our global research and investment capabilities on your behalf.

We provide two distinct discretionary investment styles:

  • Our focused solutions are concentrated, multi-asset solutions that focus on high conviction investment ideas generated by our in-house research teams. Minimum investment of £250 000/$400 000
  • Our Diversified solutions are diversified, multi-asset solutions blending a number of hand picked, quality investment managers to offer diversification across all major asset classes and styles. Minimum investment of £250 000/$400 000

Why choose our Discretionary Portfolio Management services?

  • Actively managed portfolio
    • This service is designed to provide a convenient, low-maintenance solution for the management of your investments.
  • Expertise
    • Whatever the market conditions, we provide constant oversight and decision-making with a view to ensuring your portfolio is always appropriately positioned to provide the best investment outcome
  • Reporting
    • We will also keep you fully updated with regular reports, statements and other information. Our digital portal allows our clients to access current and historic reporting.
  • All of these solutions can be tailored to meet individual requirements.

1Focused Discretionary Client Portfolios*

31 March 2021 (net of all fees)

 

Global Equity

Objective
This portfolio is aimed at maximising growth through investment principally in equities and/or equity focused funds, although an allocation to cash may be used in times of market uncertainty. Potentially, it carries the highest level of volatility and risk coupled with the highest potential for long-term growth at the risk of short- to mediumterm loss.
Typically, this portfolio would form part of a wider wealth management strategy determined by the client, their professional advisor or our relationship managers. It is only suitable for investors with a long-term investment horizon who are prepared to invest for a period in excess of five years.

Style
Dependent on available assets, tax considerations or preference, portfolios can be populated via either a combination of funds, direct securities or a blend.

Global Equity
Global Equity Q2 2021 1 year 3 years 5 years
Sterling 6.31% 16.82% 29.27%  65.25%
US Dollar 6.31% 29.81% 46.71% 83.82%

 

Global Growth

Objective
This portfolio is aimed at optimising growth through investment principally in equities and/or equity focused funds. More moderate asset allocations can also be made to fixed-income securities, alternatives, property and cash, as market conditions dictate. Potentially, it carries a lower level of volatility and risk than the Global Equity portfolio; however, the high level of equity investment means that volatility is still likely to be towards the upper end of the risk spectrum, and there is the risk of short- to medium-term loss. The portfolio is only suitable for investors with a long-term investment horizon who are prepared to invest for a period in excess of five years.

Style
This strategy has a proactive but constrained ‘top down’ driven style to asset allocation, whilst the inclusion of lower-risk assets moderates volatility to a limited degree. Dependent on available assets, tax consideration or preference, portfolios can be populated via either a combination of funds, direct securities or a blend

Global Growth
Growth Q2 2021 1 year 3 years 5 years
Sterling 5.24% 14.34% 28.15%  57.51%
US Dollar 5.04% 23.33% 39.61% 69.16%

 

Global Balanced

Objective
his portfolio is aimed at optimising returns through investment in a broad range of asset classes including equity-orientated investments, fixed-income securities, alternative investments, property and cash. The diverse nature of the asset classes should result in a moderate level of volatility and is therefore suitable for trustees and individuals alike, although the level of equity investment determines that the portfolio is only suitable for investors with a long-term investment horizon who are prepared to invest for a period in excess of five years as there is the risk of short- to medium-term loss.

Style
This strategy has a proactive ‘top down’ driven style to asset allocation with the weightings to the various asset classes managed within the permitted risk constraints to ensure that the requirements and objectives are being met, and to make tactical allowances for the changing characteristics (and attractiveness) of the various asset classes. Depending on available assets, tax consideration or preference, portfolios can be populated via either a combination of funds, direct securities or a blend.

Global Balanced
Balanced Q2 2021 1 year 3 year 5 years
Sterling 3.80% 10.39% 17.46% 38.48%
US Dollar 3.70% 16.81% 30.11% 52.85%

 

Global Conservative

Objective
This portfolio is aimed at achieving more consistent returns utilising a conservative approach to asset allocation. Investment is principally in fixed-income securities with more moderate allocations to equities, alternative investments, property and cash. The diverse nature of the asset classes should result in a lower level of volatility and is therefore suitable for trustees and individuals alike, although the level of equity investment determines that the portfolio is only suitable for investors with a low to moderate risk appetite, with a minimum time horizon in excess of three years, as there is the risk of short- to medium-term loss.

Style
This strategy has a proactive ‘top down’ driven style to asset allocation with the weightings to the various asset classes managed within the permitted risk constraints to ensure that the requirements and objectives are being met, and to make tactical allowances for the changing characteristics (and attractiveness) of the various asset classes. Dependent on available assets, tax consideration or preference, portfolios can be populated via either a combination of funds, direct securities or a blend.

Global Conservative
Conservative Q2 2021 1 year 3 year 5 years
Sterling 4.64% 9.42% 12.08% 24.40%
US Dollar 2.76% 11.36% 19.01 32.48%

 

Global Fixed Income

Objective
This portfolio is aimed at investors who wish to avoid the volatility and risks associated with other asset classes but are looking for a return over and above that of cash. Asset allocation is largely restricted to quality fixed-income securities and, at times, cash or cash linked instruments. Returns are generated by income from the securities and cash as well capital movements in the value of the fixed-income investments. Fixed-income securities and/or cash denominated in currencies other than the investor’s base currency will result in gains or losses when translating the value of these investments back to the investor’s base currency, affecting the overall return. This portfolio is suitable for investors with a low moderate risk appetite with a time horizon in excess of three years.

Style
This strategy blends a mixture of primarily AA- and AAA-rated investment-grade fixed-income securities with more modest allocations to unconstrained bond funds that contain exposure to the corporate, high-yield and emerging-market debt sectors. The risk-return trade-off is enhanced by adopting an active but constrained duration policy together with a predefined international currency overlay.

Global Fixed Income
Fixed Income Models (excludes portfolio management fees) Q2 2021 1 year 3 year 5 years
Sterling International 0.38% -0.15% 4.86% 7.69%
US Dollar International 0.87% 0.63% 12.14% 14.95%

*Performance calculated by Asset Risk Consultants (ARC), based on actual client portfolios, other than the Fixed Income Models.

6.13% 

Performance of our Diversified Discretionary Portfolios*

1 August 2020 (net of all fees)

Global Equity This portfolio is aimed at maximising growth through investment principally in equity orientated investments, although an allocation to cash may be used in times of market uncertainty. Potentially it carries the highest level of volatility and risk coupled with the highest potential for long-term growth at the risk of short to medium-term loss. Typically this portfolio would form part of a wider wealth management strategy determined by the client, their professional advisor or our Relationship Managers. It is only suitable for investors with a long-term investment horizon who are prepared to invest for a period in excess of five years.

Global Equity

Global Equity Q2 2020  YTD 1 year 3 years Volatility
Sterling 17.30%  -12.90% -6.45% -0.74%  18.03%
US Dollar 19.34%  -11.49% -4.05% 3.25% 19.99%
Euro 17.34%  -9.17%  -0.28%  6.59% 17.91%

Global Growth

This portfolio is aimed at optimising growth through investment principally in equity orientated investments. More moderate asset allocations can also be made to fixed income securities, alternatives and cash, as market conditions dictate. Potentially it carries a lower level of volatility and risk than the Global Equity portfolio however the high level of equity investment means that volatility is still likely to be towards the upper end of the risk spectrum and there is the risk of short to medium-term loss. The portfolio is only suitable for investors with a long-term investment horizon who are prepared to invest for a period in excess of five years

Global Growth Q2 2020  YTD 1 year 3 years Volatility
Sterling 11.34%  -10.85 -5.90% -0.28%  13.37%
US Dollar 12.69%  -9.80 -3.25%  4.08% 14.83%
Euro 12.26%  -8.59  -1.05%  4.41% 13.70%

Global Balanced

This portfolio is aimed at optimising returns through investment in a broad range of asset classes including equity orientated investments, fixed income securities, alternative investments and cash. The diverse nature of the asset classes should result in a moderate level of volatility and is therefore suitable for trustees and individuals alike although the level of equity investment determines that the portfolio is only suitable for investors with a long-term investment horizon who are prepared to invest for a period in excess of five years as there is the risk of short to medium-term loss.

Global Balanced Q2 2020  YTD 1 year 3 years Volatility
Sterling 8.92%  -8.71% -4.65% -0.12%  10.57%
US Dollar 9.85%  -7.59% -1.90%  4.40% 11.56%
Euro 10.09%  -7.37%  -1.03%  2.74% 11.18%

Global Conservative

This portfolio is aimed at achieving more consistent returns utilising a conservative approach to asset allocation. Investment is principally in fixed income securities with more moderate allocations to equities, alternative investments, and cash. The diverse nature of the asset classes should result in a lower level of volatility and is therefore suitable for trustees and individuals alike, although the level of equity investment determines that the portfolio is only suitable for investors with a low to moderate risk appetite, with a minimum time horizon in excess of three years, as there is the risk of short to medium-term loss.

Global Conservative Q2 2020  YTD 1 year 3 years Volatility
Sterling 5.49% - 5.70% -2.99%  0.02%  6.77%
US Dollar 5.87%  -4.79% -0.44%  4.28% 7.26%
Euro 6.76%  -5.53%  -1.14%  0.44% 7.66%

Global Low Risk

Capital preservation is the over-riding consideration and as such this portfolio is aimed at producing positive returns over any twelve-month period through investment principally in fixed income securities coupled with only modest allocations to equities, alternatives and cash. The asset allocation policy determines that there is a low level of volatility however the potential for capital growth will be limited by the need to preserve capital. The investment policy coupled with a focus on downside risk management means that this portfolio is suitable for low risk investors with a minimum time horizon of one year and over.

Global Low Risk Q2 2020  YTD 1 year 3 years Volatility
Sterling 4.71% - 3.41% -1.37% - 0.15%  4.98%
US Dollar 4.84%  -2.41% -0.91%  3.69% 5.10%
Euro 5.99%  -4.01%  -0.92%  -1.43% 6.12%

Global Fixed Income

This portfolio is aimed at investors who wish to avoid the volatility and risks associated with other asset classes but are looking for a return over and above that of cash. Investment is principally in quality sovereign and investment grade bond funds, although we also have the flexibility to allocate to high yield and emerging markets debt sectors and cash. Returns are generated by income from the securities and cash as well as capital movements in the value of the fixed income investments. This portfolio is suitable for investors with a low to moderate risk appetite with a time horizon in excess of three years.

Global Fixed Income Q2 2020  YTD 1 year 3 years Volatility
Sterling 2.32%   0.41%  1.31% 2.81%  2.41%
US Dollar 2.10%   1.86%  3.71% 5.53% 2.59%
Euro 2.76%  -0.26%  -0.14%  -1.82% 2.86%

Our Focused Solutions

Focused expertise in the single minded application of our core investment strategy, philosophy and investment ideas. Our focused solution is recommended for clients with long term investment horizons seeking superior risk adjusted returns, achieved through investing in a narrow selection of quality companies’ equity and debt instruments.

Our focused solutions are concentrated, multi-asset solutions that focus on high conviction investment ideas generated by our in-house research teams.

Why choose our Focused Portfolio Management service?

  • Customised Investment Solutions
    • Our focused proposition implements the house view or tailored solutions can be constructed according to the results of the client risk profiling exercise, which lies at the heart of the process.
  • Expertise
    • Whatever the market conditions, we provide constant oversight and decision-making with a view to ensuring your portfolio is always appropriately positioned to provide the best investment outcome.
  • Research-driven decision making
    • Our insights and decisions are backed by in-depth research and extensive knowledge of companies across industries and investment landscapes. 
  • These solutions can be tailored to meet individual requirements

Our Focused Strategies

Global Equity

Objective 

This portfolio is aimed at maximising growth through investment principally in equities and/or equity focused funds, although an allocation to cash may be used in times of market uncertainty. Potentially, it carries the highest level of volatility and risk coupled with the highest potential for long-term growth at the risk of short- to medium-term loss. 

Typically, this portfolio would form part of a wider wealth management strategy determined by the client, their professional advisor or our relationship managers. It is only suitable for investors with a long-term investment horizon who are prepared to invest for a period in excess of five years. 

Style 

Dependent on available assets, tax considerations or preference, portfolios can be populated via either a combination of funds, direct securities or a blend. 

Global Growth

Objective 

This portfolio is aimed at optimising growth through investment principally in equities and/or equity focused funds. More moderate asset allocations can also be made to fixed-income securities, alternatives, property and cash, as market conditions dictate. Potentially, it carries a lower level of volatility and risk than the Global Equity portfolio; however, the high level of equity investment means that volatility is still likely to be towards the upper end of the risk spectrum, and there is the risk of short- to medium-term loss. The portfolio is only suitable for investors with a long-term investment horizon who are prepared to invest for a period in excess of five years. 

Style 

This strategy has a proactive but constrained ‘top down’ driven style to asset allocation, whilst the inclusion of lower-risk assets moderates volatility to a limited degree. Dependent on available assets, tax consideration or preference, portfolios can be populated via either a combination of funds, direct securities or a blend.

Global Balanced

Objective 

This portfolio is aimed at optimising returns through investment in a broad range of asset classes including equity-orientated investments, fixed-income securities, alternative investments, property and cash. The diverse nature of the asset classes should result in a moderate level of volatility and is therefore suitable for trustees and individuals alike, although the level of equity investment determines that the portfolio is only suitable for investors with a long-term investment horizon who are prepared to invest for a period in excess of five years as there is the risk of short- to medium-term loss. 

Style 

This strategy has a proactive ‘top down’ driven style to asset allocation with the weightings to the various asset classes managed within the permitted risk constraints to ensure that the requirements and objectives are being met, and to make tactical allowances for the changing characteristics (and attractiveness) of the various asset classes. 

Depending on available assets, tax consideration or preference, portfolios can be populated via either a combination of funds, direct securities or a blend.

Global Conservative

Objective 

This portfolio is aimed at achieving more consistent returns utilising a conservative approach to asset allocation. Investment is principally in fixed-income securities with more moderate allocations to equities, alternative investments, property and cash. The diverse nature of the asset classes should result in a lower level of volatility and is therefore suitable for trustees and individuals alike, although the level of equity investment determines that the portfolio is only suitable for investors with a low to moderate risk appetite, with a minimum time horizon in excess of three years, as there is the risk of short- to medium-term loss. 

Style 

This strategy has a proactive ‘top down’ driven style to asset allocation with the weightings to the various asset classes managed within the permitted risk constraints to ensure that the requirements and objectives are being met, and to make tactical allowances for the changing characteristics (and attractiveness) of the various asset classes. 

Dependent on available assets, tax consideration or preference, portfolios can be populated via either a combination of funds, direct securities or a blend. 

Global Low Risk

Objective 

Capital preservation is the over-riding consideration, and as such, this portfolio is aimed at producing positive returns over any 12-month period through investment principally in 

short-dated fixed-income securities coupled with only modest allocations to equities, alternatives, property and cash. The asset allocation policy determines that there is a low level of volatility; however, the potential for capital growth will be limited by the need to provide capital protection. The investment policy coupled with a focus on downside risk management means that this portfolio is suitable for low-risk investors with a minimum time horizon of one year and over. 

Style 

This strategy has a proactive ‘top down’ driven style to asset allocation with the weightings to the various asset classes managed within the permitted risk constraints to ensure that the requirements and objectives are being met, and to make tactical allowances for the changing characteristics (and attractiveness) of the various asset classes. 

Dependent on available assets, tax consideration or preference, portfolios can be populated via either a combination of funds, direct securities or a blend. 

Global Fixed Income

Objective 

This portfolio is aimed at investors who wish to avoid the volatility and risks associated with other asset classes but are looking for a return over and above that of cash. Asset allocation is largely restricted to quality fixed-income securities and, at times, cash or cash linked instruments. Returns are generated by income from the securities and cash as well as capital movements in the value of the fixed-income investments. Fixed-income securities and/or cash denominated in currencies other than the investor’s base currency will result in gains or losses when translating the value of these investments back to the investor’s base currency, affecting the overall return. This portfolio is suitable for investors with a low to moderate risk appetite with a time horizon in excess of three years. 

Style 

This strategy blends a mixture of primarily AA- and AAA-rated investment-grade fixed-income securities with more modest allocations to unconstrained bond funds that contain exposure to the corporate, high-yield and emerging-market debt sectors. The risk-return trade-off is enhanced by adopting an active but constrained duration policy together with a predefined international currency overlay.

Our Diversified Solutions

 

We provide the convenience of a single investment decision for clients who require diversification in their investment portfolio. Whether the market is bullish or bearish maintaining a diversified portfolio is essential to any long-term investment strategy. An effective diversification strategy can help you achieve more consistent returns over time and reduce your overall investment risk. Our clients can benefit from our diversified solutions that blend quality third party investment managers to create portfolios that offer diversification through not only asset class and geography, but also through blending managers, investment styles, approaches and strategies.

 

Our Diversified solutions are highly flexible and provide clients with risk adjusted portfolios that are populated with hand-picked quality investment managers across all major asset classes and styles. We provide a comprehensive range of diversified investment solutions for our clients, including Responsible Portfolios and tax efficient solutions for UK Investors.

Why choose our Diversified Portfolio Management service?

  • Customised Investment Solutions
    • The flexibility of the proposition  allows for a range of multi-asset, multi-manager investment solutions. The house view can be implemented, or tailored solutions can be constructed according to the results of the client risk profiling exercise, which lies at the heart of the process.
  • Manager Diversification
    • Our solutions provide diversification from an asset class and geographic perspective as well as through blending investment styles and strategies in order to deliver favourable risk adjusted returns.
  • Expertise
    • Strong long-term track record of over 25 years in asset allocation, manager selection, portfolio construction and customised bespoke solutions.
  • These solutions can be tailored to meet individual requirements

 

Our Diversified Strategies

We offer six different risk/return profiles to suit our client’s investment objectives:

1. Global Equity This portfolio is aimed at maximising growth through investment principally in equity orientated investments, although an allocation to cash may be used in times of market uncertainty. Potentially it carries the highest level of volatility and risk coupled with the highest potential for long-term growth at the risk of short to medium-term loss. Typically this portfolio would form part of a wider wealth management strategy determined by the client, their professional advisor or our Relationship Managers. It is only suitable for investors with a long-term investment horizon who are prepared to invest for a period in excess of five years.

2. Global Growth

This portfolio is aimed at optimising growth through investment principally in equity orientated investments. More moderate asset allocations can also be made to fixed income securities, alternatives and cash, as market conditions dictate. Potentially it carries a lower level of volatility and risk than the Global Equity portfolio however the high level of equity investment means that volatility is still likely to be towards the upper end of the risk spectrum and there is the risk of short to medium-term loss. The portfolio is only suitable for investors with a long-term investment horizon who are prepared to invest for a period in excess of five years.

3. Global Balanced This portfolio is aimed at optimising returns through investment in a broad range of asset classes including equity orientated investments, fixed income securities, alternative investments and cash. The diverse nature of the asset classes should result in a moderate level of volatility and is therefore suitable for trustees and individuals alike although the level of equity investment determines that the portfolio is only suitable for investors with a long-term investment horizon who are prepared to invest for a period in excess of five years as there is the risk of short to medium-term loss.

4. Global Conservative

This portfolio is aimed at achieving more consistent returns utilising a conservative approach to asset allocation. Investment is principally in fixed income securities with more moderate allocations to equities, alternative investments, and cash. The diverse nature of the asset classes should result in a lower level of volatility and is therefore suitable for trustees and individuals alike, although the level of equity investment determines that the portfolio is only suitable for investors with a low to moderate risk appetite, with a minimum time horizon in excess of three years, as there is the risk of short to medium-term loss.

5. Global Low Risk

Capital preservation is the over-riding consideration and as such this portfolio is aimed at producing positive returns over any twelve-month period through investment principally in fixed income securities coupled with only modest allocations to equities, alternatives and cash. The asset allocation policy determines that there is a low level of volatility however the potential for capital growth will be limited by the need to preserve capital. The investment policy coupled with a focus on downside risk management means that this portfolio is suitable for low risk investors with a minimum time horizon of one year and over.

6. Global Fixed Income This portfolio is aimed at investors who wish to avoid the volatility and risks associated with other asset classes but are looking for a return over and above that of cash. Investment is principally in quality sovereign and investment grade bond funds, although we also have the flexibility to allocate to high yield and emerging markets debt sectors and cash. Returns are generated by income from the securities and cash as well as capital movements in the value of the fixed income investments. This portfolio is suitable for investors with a low to moderate risk appetite with a time horizon in excess of three years.

Our History

Melville Douglas established a parallel offshore business in 1998, which later merged with Standard Bank Jersey Stockbroking to form Standard Bank Jersey Limited, a 100%-owned subsidiary of the Standard Bank Group.

Standard Bank Jersey Limited offers customised discretionary portfolio management via a platform with Standard Bank Jersey and provides international investment management services to mutual funds and Wealth and Investment clients.

Standard Bank Jersey Limited is registered with and regulated by the Jersey Financial Services Commission. 

Mandates are 'global', providing exposure to assets across countries and regions; diversification away from the base currency would normally be provided via exposure to high-growth (equity) or high-yield assets.

Guidance on estate taxes

Download Diversified Brochure

You have reviewed the latest product information on our website (fact sheet) and know the risk and fees associated with your investment choice. You have read and understood the terms and conditions available on our website or upon request.

To invest directly, investors need to download the application form, complete and submit this form and all the associated documents to STANLIB:

E-mail: [email protected]

Facsimile: 0867 277 501 or 011 448 6666

STANLIB Collective Investments Limited administer these funds.

You have reviewed the latest product information on our website (fact sheet) and know the risk and fees associated with your investment choice. You have read and understood the terms and conditions available on our website or upon request.

To invest directly, investors need to download the application form, complete and submit this form and all the associated documents to STANLIB:

E-mail: [email protected]

Facsimile: 0867 277 501 or 011 448 6651

STANLIB Collective Investments Limited administer these funds.

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