The 2019 edition of our Responsible Investment Report, titled The Future Matters
, is now available.
Download The Full Publication
: 2019 Responsible Investment report
(PDF | 6.5 MB)
In this edition:
A MESSAGE FROM OUR MD - KHAYA GOBODO
Our Managing Director looks at why being a responsible investor has become core to who we are. And he gives a succinct lie of the land in this year’s report.
Download: A message from Khaya
(PDF | 407 KB)
OUR APPROACH TO RESPONSIBLE INVESTMENT - JON DUNCAN
As responsible investors, we are motivated by a clear understanding that environmental, social and governance (ESG) issues can and do impact returns.
Download: Our approach to responsible investment
(PDF | 203 KB)
FOR BETTER RISK-ADJUSTED RETURNS - SIBONISO NXUMALO
Old Mutual Equities’ approach to ESG integration is in principal guided by our belief in an enhanced value approach that entails complementing our fundamental valuation work with the three confirming quantitative factors: quality, growth and sentiment.
Download: For better risk-adjusted returns (PDF | 77 KB)
WHAT IT TAKES TO BE RESPONSIBLE CUSTODIANS OF OUR CLIENTS’ CAPITAL - PETER BROOKE
We deliver to our responsible investment commitment by considering two sides of responsible ownership: whether to own an asset (pre-trade) and influencing the outcomes on assets that we already own (post-trade).
Download: What it takes to be responsible custodians of our clients' capital (PDF | 276 KB)
FOR THE TRUE LONG-TERM INVESTOR - GRANT WATSON & FRANK SIBIYA
In pursuit of long-term returns, we pay careful attention to the analysis and management of risk across all our portfolios, including ESG risks.
Download: For the true long-term investor (PDF | 246 KB)
AN UNWAVERING COMMITMENT TO ESG INTEGRATION - ANGELIQUE KALAM
For the fixed income asset class, there is no “one-size-fits-all” solution to analysing companies from a sustainability perspective.
Download: An unwavering commitment to ESG integration (PDF | 289 KB)
ESG INTEGRATION INTRINSIC TO ALTERNATIVE INVESTMENTS – DEAN ALBOROUGH
We’ve developed and implemented an integrated Environmental and Social Management System (ESMS), that helps us identify, assess, manage and report on ESG risks opportunities.
Download: ESG integration intrinsic to alternative investments (PDF | 242 KB)
CASE STUDY | BBOXX CAPITAL - A SOLAR POWER HOME SYSTEMS COMPANY
BBOXX Capital is a pay-as-you-go solar electricity service company that designs, manufactures and distributes plug-and-play solar home systems for off-grid rural and peri-urban communities in East Africa.
Download: BBOXX Capital (PDF | 283 KB)
GLOBAL SHIFTS IN THE ASSET MANAGEMENT INDUSTRY - AND WHY RI MATTERS - HYWEL GEORGE
We have identified some dominant global shifts that call for greater, more intentional ESG integration.
Download: Global shifts in the asset management industry (PDF | 1 MB)
THREE RESPONSIBLE INVESTMENT THEMES TO THINK ABOUT IN 2019
We anticipate a greater amount of shareholder proposed resolutions at AGMs, coupled with more pushback from civil society to corporate responses on ESG issues.
Download: Three responsible investment themes to think about in 2019 (PDF | 1 MB)
2018 - A DEFINING YEAR FOR OUR LISTED EQUITY STEWARDSHIP - ROBERT LEWENSON
2018 was characterised by various corporate controversies that plagued the South African market and an evolving sense of urgency to rectify gaps in corporate governance reporting.
Download: 2018 - A defining year for our listed equity stewardship (PDF | 537 KB)
OUR LISTED EQUITY STEWARDSHIP IN 2018
A summary of our proxy voting at company meetings and engagements on ESG issues with company management.
Download: Our listed equity stewardship in 2018 (PDF | 314 KB)
OUR STEWARDSHIP IN 2019 AND BEYOND
The state of stewardship in 2019 and some trends arising that may significantly shape the future.
Download: 2019 Stewardship Report (PDF | 972 KB)
AFTER A TRAGEDY | A Q&A WITH MACROSOLUTIONS
Why would our portfolio managers decide to invest in food producer, Tiger Brands, post listeriosis? MacroSolutions’ portfolio managers Alida Jordaan and Warren Van Der Westhuizen explain their investment case.
Download: After a tragedy (PDF | 335 KB)
CASE STUDY | NASPERS: INCENTIVISE UNLOCKING THE RUMP - PHILIP SHORT
As significant shareholders on behalf of our clients, we need to know that Naspers has the appropriate targets and employee incentives in place to unlock value.
Download: Naspers: Incentivise unlocking the rump (PDF | 666 KB)
CASE STUDY | A TALE OF TWO BANKS - NEELASH HANSJEE
We’ve had numerous engagements with two financial services companies – and while these discussions have been constructive, we have not always voted in favour of their remuneration policies.
Download: A tale of two banks (PDF | 136 KB)
CONNECTING THE DOTS – TEBOGO NALEDI
Most investors have a vested interest in long-term value creation, and many have clear sustainability-themed expectations of the companies in which they invest. However, is there a price to pay for investing responsibly?
Download: Connecting the dots (PDF | 192 KB)
THE STATE OF OUR NATION
A snapshot of some of the challenges facing South Africa today.
Download: The state of our nation (PDF | 252 KB)
A GREAT STORY TO TELL
We’ve committed to sustainable investments to both generate long-term returns and positively impact our communities. Here’s a glimpse at some of our impact on behalf of our clients.
Download: A great story to tell (PDF | 289 KB)
The Sustainable Development Goals (SDGs) are a universal call to action to end poverty, protect the planet and ensure that all people enjoy peace and prosperity. Here is a snapshot of our contribution towards some of these global goals.
Download: Goal Orientated (PDF | 402 KB)
MAKING THE GRADE
Eleven of the 33 schools invested in by Old Mutual Alternative Investments’ Schools Fund wrote the National Senior Certificate exams in 2018. How did it go?
Download: Making the grade (PDF | 217 KB)
Education is a gift that cannot be taken away from you. This is a key lesson a former learner at one of the schools we invest in came to appreciate.
Download: Otlotleng (PDF | 270 KB)
CASE STUDY | UMOYA ENERGY WIND FARM
Beyond its contribution to clean power generation, Umoya supports the socio-economic development of the communities within which it operates.
Download: Umoya energy wind farm (PDF | 299 KB)
The Early Childhood Development (ECD) centre at Olifantshoek is just one of the 13 ECD centres we oversee alongside our investment in the REISA Solar Farm.
Download: Starting early (PDF | 246 KB)