Legal and Compliance
Compliance is an important part of investment management. We apply strict compliance to rules and mandate limits in your investments. Our compliance department issues daily reports for any breaches on mandates and the expected timeframe in which the breach should be corrected. Portfolio managers are expected to reply to the breach reports informing compliance of the actions and timeframes in which limit breaches will be corrected.
Our investment compliance framework
Most portfolios have to comply with Regulation 28 and or the collective investments scheme’s Board Notice 90.
Some business clients have specific mandate requirements around credit ratings or duration limits, which we maintain.
We use various reports around credit ratings and exposures for investment management as well as managing risks. We have well-defined internal credit risk policies.
We are always aware of concentration risks in the portfolios and mitigate or reduce those risks where possible.
Sub-committees of the board of directors
HEAD: LEGAL and REGULATORY COMPLIANCE
BCom (Law, Finance, Investments), LLB.
HEAD: WEALTH AND RETIREMENT FUND LEGAL
BLC, LLB, LLM
HEAD: INVESTMENT COMPLIANCE AND RISK ATTRIBUTION
BUSINESS COMPLIANCE ANALYST
MOMENTUM CONSULT COMPLIANCE