The R444m Denker SCI Balanced fund takes a very specific approach to asset allocation.
‘We often get asked what our macro view is and, given that, how we are positioned,’ co-portfolio manager Madalet Sessions told Citywire South Africa in an interview. ‘But I can’t answer that question because that’s not how we think about asset allocation.
‘When we launched this product in 2017, the idea was to give investors exposure to the ability of our equity teams to generate alpha, but in a risk-adjusted way. Effectively, we use the asset allocation to manage risks that we pick up in our equity portfolios.’