18 June 2024
Navigate International by Glacier Invest was created in close collaboration with Glacier International. It can be considered an evolution of Navigate by Glacier International, and developed on the back of the enormous success of this range of Navigate investment portfolios which was launched in 2012.
Capitalising on the success of Glacier International’s flagship range of solutions.
As Luke McMahon, Portfolio Manager at Glacier Invest, points out: “By adding Navigate International to the value proposition of Glacier Invest, the largest discretionary fund manager (DFM) in South Africa, we’ve created an offshore solution with more muscle than ever before. Now, with Glacier Invest driving Navigate International, we’ve taken much of the heavy lifting out of offshore portfolio construction for intermediaries. Game-changing advantages to the adviser, that could not be offered before, now come standard, whether an intermediary requires an off-the-shelf or bespoke solution.” He examines how Glacier Invest supports delivery of Navigate International, and the value added to an intermediary’s practice.
- What goes into portfolio construction is implicitly understood, in terms of time and effort.
Offshore portfolio construction can be a long, tedious process, and unforgiving if you cut corners. With an investible universe of more than 300 000 global funds to choose from, intermediaries are hard-pressed to make smart picks, based on in-depth market intelligence.
South African advisers, generally, have a certain style of constructing portfolios. Typically, they would outsource asset allocation in the portfolio to the underlying asset manager.
In terms of the time spent on putting a portfolio together just with the asset managers and solutions that you are familiar with, it could take a week, even two, to complete. However, you probably will not have done due diligence on the asset managers, and it is unlikely that you will have been afforded the opportunity to meet with the managers face-to-face. You will not have done deep-dive research into the funds or their asset allocation. Therefore, the portfolio that you eventually present to your client may not be the best for them, and consequently, meeting their investment objectives would be at risk.
- Glacier Invest ensures an expanded research capability.
The research and due diligence capacity required in portfolio construction, that involves market and fund research, as well as research into asset classes, sectors and geographies, is available within Glacier Invest and comprises expertise from Glacier Research as well as Sanlam Investment Management. As an independent DFM, Glacier Invest draws on the full expertise and capabilities within the Sanlam Group to deliver a world-class portfolio management and consulting value proposition.
- Intermediaries can take part in decision-making.
Typically, asset allocation decisions are made by the underlying fund managers within a specific risk profile. With Navigate International by Glacier Invest, intermediaries can be part of the conversation, where there is an appetite to participate in these asset allocation decisions.
- Glacier Invest’s skill, scale and simplicity benefit intermediaries – and clients.
Glacier Invest has skilled investment professionals who provide comprehensive investment support while taking into account an adviser’s practice requirements. Its scale affords investors cost-effective access to the best managers, portfolio construction techniques and tactical expertise. Client preferences, legislation and advice-led solutions drive the strategy and solutions are simple, thereby creating greater transparency.
- Solutions Architecture underpins Navigate International.
Glacier Invest provides financial advisers with an unrivalled and fully customisable investment proposition that enhances and enriches the investment experience for clients. In close collaboration with advisers, Glacier Invest crafts solutions to meet diverse client needs through flexible design – something we call Solutions Architecture.
Navigate International truly is an example of Solutions Architecture in action, combining client centricity and purpose in solutions crafted through extensive market and manager research, diligent portfolio management and meticulous portfolio construction.
- SmartPortfolio – the digital backbone of portfolio construction.
Glacier Invest’s contemporary technology allows portfolio managers to create a solution for any investment problem in collaboration with the adviser. Through SmartPortfolio, intermediaries are able to utilise a vast amount of data on asset classes and return expectations, as well as investment instruments, and truly optimise investment solutions.
View the Navigate International introductory presentation.
