South Africa
Namibia
Equity
Equity
Our equity portfolios are constructed on a risk-conscious basis by managing the risks and rewards of tilting portfolios away from their respective benchmarks. This ensures a measured approach to the size of the active positions and gives equal consideration to both the shares held and excluded from the portfolio.
We’re a long-standing believer in shareholder activism.
RESPONSIBLE INVESTING
M&G Houseview Equity
Our Houseview Equity offering reflects our “best investment view” for an institutional equity portfolio managed to relevant regulatory constraints, and is ideally suited for retirement funds or multi-managed products seeking to achieve long-term outperformance of passive market indices.
M&G Select Equity
We manage these equity mandates with a slightly higher risk-budget as reflected by generally (although not always) higher active share and/or tracking error in comparison to our Houseview Equity portfolios due to the fact that our Select Equity mandates will typically hold fewer individual instruments.
Other Equity
We also manage some equity mandates according to mandate-specific restrictions along with sector-specific mandates (e.g. Resources) as well as African equity mandates. Please contact us for more information on our other equity offerings.
Our Equity Team
Our team-based approach to research and managing stock selection is central to our investment allocation process. Each member of our equity team, including portfolio managers, has specific stock research responsibilities, making them specialists in their respective areas. Our team of equity portfolio managers and analysts have more than 100 years of combined investment experience.
Equity Investment Process
Our equity investment process follows a fundamental, valuation-based, investment philosophy with a bias towards quality companies that are value creators - those that we believe can deliver above-average growth in profits and dividends over time. We seek opportunities to buy shares that are priced substantially below our assessment of long-term fair value. We are risk-conscious, aiming to both protect and grow our clients’ savings over time.
Investment Commentary
Read our latest insights and investment commentary on our equity portfolios.
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Equity and Listed Property
Downloads
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M&G Houseview Equity
Who Should Invest
This fund is suitable for Institutional investors with an average to high risk tolerance and a long term investment horizon. The fund remains ideally suited as a core holding for retirement funds or multi-managed products where an active portfolio is used as anchor component and matched with smaller satellite mandates. Depending on market conditions, Houseview Equity may at times be equally concentrated as Select Equity, but will generally hold more individual stock positions.
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M&G Select Equity
Who Should Invest
This fund is suitable for Institutional investors with an average to high risk tolerance and a long term investment horizon. The fund incorporates a more concentrated portfolio construction process; it is managed within a higher risk budget and will generally reflect higher risk measures, whether measured as active share or tracking error. Clients whose investment strategy is to blend concentrated (“higher conviction”) mandates of different active managers are well advised to consider Prudential Select Equity.
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M&G Property
Who Should Invest
Investors who seek exposure to South African listed property as part of a diversified portfolio. Alternatively, investors looking for a growing income stream but who are willing to be exposed to capital volatility. The recommended investment horizon is 5 years or longer.