SECTION 6
Colourfield Liability Solutions (Pty) Ltd www.colourfield.co.za
Company details
Ownership
Investment mandates
FAIS FSP registration number: 35113 Switchboard: 086 100 7656 Fax number: 086 579 8592 General email: cls@colourfield.co.za Website: www.colourfield.co.za Address: Unit 16B, 3 Melrose Boulevard, Melrose Arch, 2192 Compliance officer name: Elzabe Botha, Compli-Serve 086 127 3783 Elzabe@compliserve.co.za
What is the ownership structure of the company? Privately-owned company Who are the directors of the company? Nick Sennett, Costa Economou, Shaun Levitan Do staff and management have an interest in ownership? Please provide the percentage held by staff and management: 72.5% owned by staff and management
What are your total assets under management? R48 billion Please detail the mandates you currently manage and the size of each of these mandates: All segregated, 3rd party, LDI mandates
Investment philosophy
History When was the company established? 2006 List of mergers that have taken place since being established: None
Colourfield is South Africa’s largest and only dedicated “liability driven” investment management business. As an LDI manager, Colourfield’s investment philosophy is built around the understanding and de-risking of liabilities. We utilise a scientific approach to portfolio construction that will track a liability-based benchmark irrespective of market circumstances.
B-BBEE credentials
Unlike other investment managers that attempt to outperform a benchmark where the core components are known in advance, Colourfield has the objective of tracking the movement of a non-investable liability stream.
GIPS
FAIS requirements Who is your FAIS complaints officer? Elzabe Botha Please provide the link to the complaints policy on your website: N/A
Are you B-BBEE accredited? In progress What is your B-BBEE status? N/A By whom have you been accredited? N/A Date of accreditation: N/A
Are you GIPS compliant? Yes Are you GIPS verified? Yes By whom have you been verified? PricewaterhouseCoopers Date of verification: 2016-05-13 Expiry date of verification: N/A
Key investment personnel Size of Investment Team: 6 Dr Nick Sennett Chief Investment Officer Actuary, PhD degree in Finance 26 years’ industry experience 9.5 years with firm Nishaan Desai Head of Research Actuary, CFA Charter Holder, CIPM Charter Holder 12 years’ industry experience 6 years with firm Troy du Plessis Trader Actuary, CFA Charter Holder, CAIA Charter Holder 11 years’ industry experience 8 years with firm Shaun Levitan Chief Operating Officer and Specialist Portfoilio Structurer Actuary, MSc (Actuarial Science), CFA Charter Holder 16 years’ industry experience 8 years with firm
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