in the room
For post-retirement investors,
COVID-19 presented yet another challenge in their pursuit of inflation-beating returns.
In June 2020, Stephen Backhouse chatted directly with the portfolio managers of the Coronation Balanced Defensive and Capital Plus funds, Charles de Kock and Pallavi Ambekar, about some of the more important questions for living annuitants in an attempt to provide a roadmap to the best way forward.
About the webinar
The Income and Growth Challenge
For post-retirement investors, the COVID-19 crisis represents yet another challenge in their pursuit of inflation-beating returns with unprecedented monetary stimulus across the globe weighing on real return prospects. And this comes on the back of the last five years of disappointing returns from growth assets, meaning that the financial planning assumptions for many retirees are under water.
Join us as we try to answer some of the most important questions for living annuitants invested in the Coronation Balanced Defensive and Capital Plus Funds and attempt to provide a roadmap to the best way forward.
- What went wrong in Q1 that these funds didn’t deliver on capital preservation?
- For 5 years, multi-asset funds failed to beat inflation – is there a flaw in the advice philosophy?
- What are the prospects for this approach and these funds going forward?
Head of Strategic Accounts INN8
Stephen is a business development specialist with over 11 years’ experience in the asset management and platform industry. Stephen’s focus is all aspects involved in forging long-lasting relationships with strategic partners, more specifically the Discretionary Fund Managers and large Key Accounts, who are influential partners in our industry and are important stakeholders for the future proposition of INN8.
He was previously the head of Marketing and Business Development at STANLIB, where he was responsible for the Standard Bank relationship. Stephen obtained his Bachelor of Commerce from Rhodes University, and his Honours in Financial Analysis and Portfolio Management from the University of Cape Town.
Charles de Kock
Portfolio manager, Coronation
BCom (Hons), MCom (Economics)
Charles is a senior portfolio manager responsible for the management of all absolute return funds. With more than 34 years’ investment experience, he plays a leadership role in the asset allocation process and is involved in all investment discussions. Charles co-manages institutional portfolios within the absolute return strategy as well as the Coronation Balanced Defensive and Capital Plus unit trust funds.
Portfolio manager, Coronation
CA (SA), CFA
Pallavi is a senior portfolio manager responsible for the co-management of institutional portfolios within the Absolute Return strategy as well as the Coronation Balanced Defensive and Capital Plus unit trust funds. She has 17 years’ investment experience. She also has research responsibility for certain large capitalisation shares listed on the JSE.