Granate Asset Management is a boutique investment manager, powered by RMI Investment Managers, that specialises in generating stable and growing income solutions for investors whilst preserving capital.
Taste abundance and prosperity
Granate Asset Management (Granate) is part of RMI Investment Managers (RMI IM) and is the vehicle for ‘lifting out’ investment teams and providing them with an investment management operating platform to manage client investments.
The business is set up to attract investment teams that have the ability to raise third-party client investments off their experience, track record and reputation but understand that it is difficult to establish a business on their own given the financial capital and operational requirements to do so.
RMI IM is a supportive non-interfering shareholder that provides working and seed capital, operational infrastructure and distribution capability for the investment teams of Granate.
RMI IM and the Granate team members share in the economic success of the business, creating an ownership culture among the investment teams, much like the other affiliates of RMI IM.
As a result, this appeals to investment teams that want to be more entrepreneurial by creating a business inside a business rather than the typical salary and bonus structure of traditional investment managers.
Granate is a derivative of pomegranate. For thousands of years, the pomegranate has been a symbol of prosperity, endurance, wisdom, knowledge and excellence – themes that resonate deeply with the team’s values and investment philosophy. It is a symbol of what we stand for today and will guide us as we grow in the future.
Furthermore, the many ruby seeds that the pomegranate contains are an analogy for precious seeds that will enable our business to grow and flourish in partnership with our investors and stakeholders.
EXPERIENCE, TRACK RECORD AND REPUTATION
The first investment professionals to join Granate Asset Management are the very experienced and highly regarded Fixed Interest team led by Jonathan Myerson, including portfolio managers Bronwyn Blood and Vaneshen Naidoo. This team previously managed R18bn of third-party investments across the fixed interest, credit and money markets at Cadiz Asset Management.
RMI IM will over time continue to expand on the Granate Asset Management suite of portfolios by including an equity and multi-asset class capability.
STABLE INCOME GENERATING FUNDS
Our product range is focussed on a dual outcome – enhancing or maximising income; and generating optimal returns with minimal volatility by leveraging mispricing within key market sectors.
We currently offer investors 3 fixed income funds that are registered as Collective Unit Trusts with the South African Financial Services Board (FSB).
Our funds include:
- Granate Sanlam Collective Investments Money Market fund
- Granate Sanlam Collective Investments Multi Income fund
- Granate Sanlam Collective Investments Unconstrained Fixed Interest fund
Our Investment Process
Despite offering funds with various investment objectives and benchmarks, our comprehensive investment process aligns to our overall philosophy of identifying opportunities with reasonable risk compensation as we don’t believe in forecasting financial markets.
Our process is geared towards seeking opportunities arising from mispriced fixed interest instruments by identifying areas of value in the market through our risk compensation model. We then seek to maximise the overall yield for the funds through our portfolio construction process and by applying credit and yield overlays which meet our framework.
In addition to our investment process, the size of our team allows us to have regular and robust debates leading to quick decisions and execution when necessary.