Clyde is a portfolio manager at Investec Asset Management with a focus on absolute return investing. His portfolio manager duties include the Investec Opportunity Fund unit trust. Clyde joined Investec Asset Management in November 1999 as an asset allocation and sector allocation strategist. Prior to Investec Asset Management, Clyde was awarded a bursary by Sanlam and worked in their group for eight years, including five years in asset management. His experience in investments includes fixed income analysis and portfolio management. Clyde completed his Bachelor of Science (Statistics and Actuarial Science) degree at the University of Cape Town in 1991. He was awarded the Certificates in Actuarial Techniques (1995), and Finance and Investments (1997) by the Institute of Actuaries in London, and gained his Chartered Financial Analysts qualification in 1999.
The fund aims to grow income and capital over the medium term. Objective aim to achieve returns in excess of the funds peer group average,measured over 3 to 5 year periods.The fund invests in a mix of SA eq, bd and Mny Mkt instruments, as well as international eq & fxd interest investments. Regulation 28 currently limits eq exposure to 75% of the fnd (90% with listed property) & international exposure to 20% (for retirement funds exempted from the 15% limit). The fund's classification however limits equity exposure to 40% of the fund.
- South Africa