New global opportunities fund for locals

14 September 2021 | Economics

Arysteq Asset Management recently launched a first of its kind global equity fund for Namibia.

The Arysteq Global Opportunities Fund was established late in 2020 and obtained approval from the Namibia Financial Institutions Supervisory Authority (Namfisa) as a unit trust fund in April this year. Unlike competing global equity funds, this fund is actively managed by a local team of investment experts.

Arysteq Asset Management, established in 2016, was also the first local asset management company to be awarded a N$700 million mandate under the Government Institutions Pension Fund’s (GIPF) asset management incubation programme in 2019.

The Global Opportunities Fund affords investors the opportunity to invest in developed equity markets like the USA, the UK, Europe, Japan, and Hong Kong.

“With the South African rand consistently depreciating over the last 20 years, the Arysteq Global Opportunities Fund allows investors to diversify their investments and enjoy exposure to international currencies in some of the most innovative and well-established markets,” says Arysteq Asset Management managing director Purvance Heuer.

According to Heuer, the fund aims to outperform the MSCI World Index to maximise long-term capital appreciation. This is achieved by investing in listed equities in developed markets globally, allowing investors to achieve a better risk adjusted return.

“Our investment philosophy gives us an edge. It is centred around four key principles, namely liquidity, quality, a margin of safety, and a longer-term view,” Heuer says.

High risk, high return

The Arysteq Global Opportunities Fund is classified as a higher-risk/return investment, ideal for investors who wish to maximise their wealth over the long-term. The top investment positions held in the global fund are Nintendo, BMW, Japan Tobacco, Pfizer, Alibaba, British American Tobacco, Verizon Communications, Roche Holdings, Bank of China and Johnson & Johnson.

Arysteq Asset Management is wholly owned and managed by Namibians. The company has a strong investment culture with eight of 13 staff members forming part of the investment team, making it one of the largest investment teams in Namibia.

The company currently offers investors five investment strategies: Money Market, Balanced, Real Return, SA Equities and Global Equities. The Arysteq Money Market Fund currently ranks number one in the Namibian market, and its South African equity mandates rank 11th out of 85 registered funds.

Although Arysteq Asset Management may appear to be a relatively new company, some of its funds are close to reaching their 3-year performance mark, setting the stage for the company to become a serious contender within the local asset management industry.

Investors who want to maximise their wealth and diversify currency risk, can contact Arysteq Asset Management at [email protected] or 061 238 823

Similar News

 

Construction sector recovery to take a while

21 hours ago | Economics

Windhoek ∙ [email protected] For the past five years, the construction sector continued with a downward trend. The sector recorded negative growth rates of 41.1%,...

National Consumer Protection Policy launched

3 weeks ago - 05 October 2021 | Economics

Windhoek ∙ [email protected] The National Consumer Protection Policy 2020-2025 and the Namibia GS1 License was launched on Wednesday in Windhoek.According to the Minister of...

Economy loses billions due to shipping constraints

1 month - 21 September 2021 | Economics

Windhoek ∙ [email protected] For the month July 2021, the Namibian economy lost about N$4.6 billion in potential export earnings. Statistics released by the...

Sea freight grapples with container shortage

1 month - 18 September 2021 | Economics

Benoit Pleegrin Global sea freight was severely disrupted by the Covid crisis but is now recovering and prompting a boom new container ship orders...

Minimumloon vandag in die kollig

1 month - 07 September 2021 | Economics

Swakopmund Die ministerie van arbeid voer vandag samesprekings oor die voorgestelde nasionale minimumloon in die ouditorium van die ministerie van visserye en mariene hulpbronne...

Construction activities picking at the coast

1 month - 02 September 2021 | Economics

Windhoek ∙ [email protected] The composite index of building plans completed (Windhoek, Swakopmund, Walvis Bay and Ongwediva) for June 2021 increased by 10.0% on monthly...

Bright business prospects in the mining sector

1 month - 31 August 2021 | Economics

Windhoek ∙ [email protected] In 2020, it was only the mining and quarrying sector that registered positive growth in terms of investment increasing by 15.9%...

Rail cargo transportation slipped into a decline

2 months ago - 10 August 2021 | Economics

Windhoek ∙ [email protected] During June 2021, Namibia transported 975 708 tonnes of cargo through rail, road, air and sea, compared to 810 940 tonnes and...

Namibia’s construction sector still on mute

2 months ago - 31 July 2021 | Economics

Windhoek ∙ [email protected] delivery was one of the challenges pointed out in the recently released First National Bank (FNB) residential property report.According to the report,...

Namibia's mining environment remains favourable

3 months ago - 27 July 2021 | Economics

Windhoek ∙ [email protected] Diamond, zinc and uranium production were the main drivers of mining output for the month of May 2021.According to the Namibia...

Latest News

MICT's say on SIM card...

4 hours ago | Technology

Following government’s policy directive that all SIM cards in Namibia must be registered, the Ministry of Information and Communication Technology (MICT) said that after consultations...

Supatronix Doubles Squash League

4 hours ago | Sports

This year saw Buccaneers Club introduce a new event.The Supatronix Doubles league, commenced on 13 October. With the short space of time left to the...

SBN’s Geises top of the...

21 hours ago | Banking

Standard Bank Namibia Holdings chief executive Mercia Geises features in the 17th position on the list of 50 women CEOs leading corporate Africa.Africa.com undertook a...

Pastels in the spotlight at...

21 hours ago | Art and Entertainment

Various artists are currently displaying their pastel artwork at the Fine Art Gallery in Swakopmund. These artists include Paul Dixon, Werner Schröder, Rosemarie Kuchling, Paul...

CATS programme beneficial

21 hours ago | Education

Manica Namibia has been affiliated with the Commercial Advancement Training Scheme (CATS) programme since 2005, and has had over 39 intakes, with an impressive pass...

Construction sector recovery to take...

21 hours ago | Economics

Windhoek ∙ [email protected] For the past five years, the construction sector continued with a downward trend. The sector recorded negative growth rates of 41.1%,...

Getooi teen kanker

1 day - 26 October 2021 | Events

Walvisbaai • [email protected] Die Walvisbaai-tak van die Kankervereniging van Namibië (CAN) het ’n spoggerige kuier, uitstappie en fietsrit by die Atlantis-sportklub op...

Kry jou tuingereedskap gereed ...

1 day - 26 October 2021 | Local News

Swakopmund • [email protected] Die Namibian Community Skills Development Foundation (Cosdef) gaan op 6 November die eerste varsgroentemark en ook ’n landbouprojek by...

Grumpy’s fishing report

1 day - 26 October 2021 | Fishing

The sand sharks are in the shallows which in turn brings the bigger predators closer too. A lot of anglers, including even the most...

Load More