With no immediate end in sight to travel restrictions the due diligence activities of investors are being severely impeded. Castle Hall’s Alex Wise discusses what this means for due diligence programs in 2020.
The pre-global financial crisis notion of strategic asset allocation (SAA) and asset liability management studies contained a more static element and trustees considered portfolio suitability based on triennial reviews. Since the crisis, superannuation funds have been moving towards shorter term time frames and absolute return-based investing, traditionally the domain of hedge funds and multi-asset funds. […]
When Jonathan “Jonty” Pain was growing up in apartheid South Africa, he shocked his father by leaving the nation’s most prestigious all-white male boarding school, Hilton. Pain wanted to go to the multi-ethnic school, Waterford in Swaziland. But the school was dismissed by his father as a hangout for “drug addicts and hippies”. Against his […]