Securities | Transition Management
The collective skills and intellectual capital within Cadiz Securities has enabled the company to be at the forefront of the emerging transition management market in South Africa, consulting to retirement funds on the transfer and restructuring of portfolios or assets.
The transition management process involves trading out of an initial portfolio and into target portfolios, with the key objective of minimising costs and managing risks for the client during the transition.
Transition management is generally undertaken when:
- a new fund manager is appointed
- a fund changes its asset allocation strategy
- liquidating an equity portfolio
- converting from a defined benefit to a defined contribution fund, requiring the fund to be hedged and the assets restructured.
Cadiz is uniquely positioned as it offers all the specialist skills for transition management within the group, including risk management, quantitative research, derivatives structuring and dealing.
