Northstar Asset Management

Northstar Asset Management's latest MDD's are out now. Download your copies here: https://lnkd.in/d8_Y6htM

Investors have been patient with #Woolworths & #Richemont, allowing management to pour resources into underperforming divisions. But is this strategy really paying off? It’s time these companies double down on their core strengths: Woolworths in food retail and Richemont in luxury jewellery. What will it take for them to divest from less profitable areas and unlock real value for shareholders? Check out Hlelo (Lo) Giyose's article where he dives into this important topic. #InvestSmart #WealthManagement #UnlockValue #Retail #LuxuryJewellery

Thank you to #BoutiqueCollectiveInvestments for hosting us in George today. Adrian Clayton’s presentation covered how we guard against poor performance by focussing on #Process over #Intuition. #Northstar look forward to seeing everyone at the next event in Port Elizabeth.

Mark Seymour presenting at #BoutiqueManagerForum hosted by Boutique Collective Investments (BCIS). Mark's topic: Strategic asset allocation without adjustments: A flawed approach? Sitting in on this presentation is well worth the time. #assetallocation #riskreturn #projections #assetclasses #northstar #northstarassetmanagement

Great article in Business Live, Adrian discusses previous bubbles and how an awareness of history provides useful tips on how to be on the right side of the next one. https://lnkd.in/dNgVqJ6x #bubbles #investmentsuccess #investments #businesslive #businessday

In this article, Marco Barbieri, discusses the underperformance of South African #equities over the past decade, largely due to deteriorating #macroeconomic conditions. Despite the weak #performance, there is potential for a #CyclicalRebound driven by factors such as improved power supply, expected interest rate cuts, and political stability following recent elections. The article argues that these elements, combined with low valuations, present a compelling investment case for #SAEquities. Adrian Clayton Matthew Bertram Mark Seymour First Avenue Investment Management

Northstar Asset Management fund #factsheets for July are available.

#HappyWomensDay

In this video Hlelo (Lo) Giyose CIO of First Avenue Investment Management talks about the #FirstAvenue SCI #FocusedQuality Fund, in terms of its objectives, #FundPositioning and #FundPerformance. Adrian Clayton Marco Barbieri, CFA Mark Seymour Matthew Bertram Northstar Asset Management

The objective of the #Northstar BCI #ManagedFund is to deliver #inflation +5% through the #MarketCycle and to #outperform its peer group at lower levels of #risk. In terms of exposure the Fund was positioned 66% in SA with the balance #offshore for the quarter. #Equities were 42% of the Fund with 16% #EquityExposure offshore. The Fund had a healthy dose of SA and global #FixedIncome and 3% in #SAProperty. The #rand appreciating through the quarter certainly didn't help global asset performance as we translate this back into rand performance. Being underweight #GlobalEquities, detracted from performance. However, SA equities had a great quarter, and we are heavily exposed to #SAEquities in the Fund. The #ALBI did 7.5% which was also a big contributor to Fund performance. We are concerned about the level of concentration in global equities with almost 35% consisting of only 10 stocks. These stocks are driving index returns and we believe are over valued. Find out more about the Fund performance as well as our market views in Adrian Clayton's latest video. Link to more on the Northstar BCI Managed Fund is in the comments. Marco Barbieri, CFA Matthew Bertram Mark Seymour First Avenue Investment Management