Discretionary investment management is a form of professional investment management in which investments are made on behalf of clients through a variety of securities.
Find below are the list of Discretional Fund Managers In South Africa
Bridge Fund Managers
Address: Kingsmead Blvd, Stamford Hill, Durban, 4001
Hours: Open ⋅ Closes 4:30PM
Phone: 031 333 6600
Sanlam Private Wealth
Address: Ground floor, 2 Milkwood Office Park, Milkwood North Building La Lucia Ridge Office Estate Umhlanga, Durban, 4320
Hours: Open ⋅ Closes 4PM
Phone: 031 560 3600
Brenthurst Wealth Management
Address: Stinkwood Cl, Fourways, Sandton, 2055
Hours: Open ⋅ Closes 5PM
Phone: 011 799 8100
NFB Private Wealth Management, Gauteng
Address: 68 Melville Rd, Illovo, Sandton, 2196
Hours: Open ⋅ Closes 4:30PM
Phone: 011 895 8000
What do discretionary fund managers do?
A Discretionary Fund Manager or ‘DFM’ exercises their professional discretion to buy and sell investments on your behalf. A Discretionary Fund Manager often holds individual securities likes stocks and bonds but also funds and derivatives.
How many types of fund managers are there?
They oversee mutual funds or pensions, manage analysts, conduct research, and make important investment decisions. Most fund managers are highly educated, have professional credentials, and possess management experience. Fund managers fall into two categories: active managers and passive managers.
How do I choose a discretionary fund manager?
Five things you need to know when choosing a discretionary fund manager
One size definitely does not fit all: Consider DFMs of all sizes.
Understand the portfolios: Prepare your own due diligence questionnaire.
Endorsement from a trusted source: Look for third-party recognition.
What is a discretionary fee?
Discretionary Fees means fees and charges set by Council where it has discretion as to the provision of the good or service being offered and what price is charged for it.
Who is the richest mutual fund manager?
Ray Dalio. Ray Dalio, the founder of the world’s biggest hedge fund, is regularly identified as one of the wealthiest in the industry. In 2018, his fortune rose $1.3 billion, powered by Bridgewater’s approximately $160 billion of assets. He reaped $610 million in fees.
Who is the richest hedge fund manager?
The top earner was Israel “Izzy” Englander of Millennium Management, earning $3.8 billion. His flagship fund was up 26% last year, which was its best return in 20 years. Like many of the top-performing funds last year, Millennium relies more on stock picking than quantitative strategies using computer algorithms.
What is a discretionary management scheme?
Discretionary investment management is a form of investment management in which buy and sell decisions are made by a portfolio manager or investment counselor for the client’s account. The term “discretionary” refers to the fact that investment decisions are made at the portfolio manager’s discretion.