Ever been promised an exceptional return without risk? If it sounds too good to
be true... it probably is!
Risk and return are inextricably linked…..the greater your anticipated return, the
greater will be the risk of achieving a poor or even negative return over the shorter
term… there are no free lunches.
Our wealth management process is focused on identifying reputable fund managers
that have a proven track record of delivering returns in line with their mandates.
Our back office support allows us to research fund managers and their solutions,
which provides us with an understanding of their risk characteristics and how they
may be expected to react in different market conditions. This in turn allows us
to assess whether each particular solution is appropriate to:
- meet your personal appetite for risk; and
- generate the returns required in terms of your financial plan.
The Division is also responsible for the ongoing review of the investment solutions
against their intended benchmarks.
As part of our desire to maintain independence, we outsource a significant portion
of the fund manager research to independent research and investment houses which
provide us with in depth reporting on fund manager capabilities and performance,
which is then further verified by our Division. This allows us to identify and maintain
a list of preferred managers and investment solutions.
South City’s wealth management service was established in 1996 and currently has
assets in excess of R3 billion under management, both locally and abroad. These
assets are held by individuals, either directly or through trust structures. The
vast majority of these assets are managed on behalf of retirees, where South City
has gained a wealth of experience structuring investment portfolios that are required
to fund an income.
Grant Clarke, B.Com (Hons), is responsible for the day to day activities of our
wealth management service and is assisted by a team overseen by the directors of
South City Financial Planners.