STANLIB Asset Management refreshes management of its Global Balanced and Balanced Cautious funds

STANLIB Asset Management has revitalised the competitiveness of its global balanced offering to clients by transitioning sub-management of its Global Balanced and Global Balanced Cautious Funds to J.P. Morgan Asset Management (JPMAM).

As a result of the switch of sub-investment manager, the funds will be able to access a broader range of asset allocation opportunities across multiple asset classes and sub-strategies, as well as robust underlying risk management processes.

Mark Lovett, Head of Investments at STANLIB Asset Management says, “In a rapidly-evolving market environment, it is crucial for asset managers to be able to leverage multiple strategies to deliver returns for clients. This investment approach offers investors dynamically managed, fully diversified multi-asset portfolios that aim to grow capital consistently over the long term through skilful asset allocation and granular risk management.”

The change is part of STANLIB Asset Management’s ongoing commitment to enhancing the performance of its funds and ensuring that they are managed by the best possible teams.

“Our primary focus has always been, and remains, on delivering consistent investment performance for our clients through our progressive investment approach and our transparent partnerships, particularly with J.P. Morgan Asset Management as our primary strategic offshore partner. We believe this transition will bring fresh perspectives and strategies that align with our investment objectives,” Lovett adds.

JPMAM became STANLIB’s primary offshore partner in 2021, and over the past three years the two firms have established an excellent working relationship and strategic alignment. This cooperation has worked successfully for the STANLIB Global Select Fund and Global Multi Strategy Diversified Growth Fund, and it was therefore decided to extend the relationship for the benefit of the two global balanced funds.

“We're thrilled to have JPMAM managing these funds because of their performance track record, performance culture, and their significant size and scale in global multi asset capabilities, which is very important in terms of generating sustainable alpha” Lovett says.

The global balanced funds have been managed by Columbia Threadneedle Investments (CTI) for many years, and CTI will continue to manage the STANLIB Global Equity Fund.

“We’re very pleased with the performance and ongoing relationship with CTI on the STANLIB Global Equity Fund. There's a clear distinction between this growth-orientated global equity fund and the core global balanced funds managed by JPMAM. Ultimately, it offers investors access to more world-class investment opportunities,” Lovett concludes.