Momentum Investments has been recognised by the Raging Bull Awards at the annual event held in Cape Town earlier this week. Now in its 24th year, this esteemed awards ceremony is industry lauded for recognising top performers in the unit trust and collective investment schemes sector.
The Momentum Enhanced Yield Fund, managed by Zisanda Gila and Kgothatso Moremedi, was awarded the Best South African Interest-Bearing Short-Term Fund. Gila and Moremedi are both long-standing members of the highly-skilled Momentum Investments Fixed-interest team.
Ian Scott, head of fixed income at Momentum Investments, says that receiving this award highlights the value of taking a long-term investment view. “This recognition illustrates that even though our philosophy focuses on client goals – usually longer term than those of the typical benchmarks – our funds also perform when compared to other funds.”
The long-term philosophy that Scott refers to is Outcome-based Investing, which Momentum pioneers. “Outcome-based Investing aims to simplify the investment process by helping our clients to remain focused on what matters – staying invested and on track to reaching their goals, despite volatility or peer pressure. We deliver on client outcomes over appropriate time periods where the journey is as important as the destination,” he explains.
While awards such as these are important in driving excellence in the industry, Scott emphasises that the clients’ goal should really be the only benchmark. “We are honoured to be recognised at an event that celebrates excellence in the asset management industry, but the real reward is knowing that we are helping our clients to achieve their long-term investment goals,” he concludes.
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