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Alternative Investments

LNKD Investment Managers about us

Incorporating alternative assets is increasingly crucial for building a resilient investment portfolio.

Recent studies from prominent financial firms like BlackRock, Goldman Sachs, and UBS reveal that family offices typically allocate between 39% and 45% of their portfolios to alternative investments.

Family offices invest in alternative assets primarily due to their lower correlation with traditional asset classes and their comparatively lower return volatility.

Defining Alternative Investments

01

Private Equity

Private equity involves investing in privately held companies, supplying capital to help them scale and seize growth opportunities. While these investments can offer high returns, they typically require long-term commitments, often ranging from 5 to 10 years.

04

Private Credit

Private debt or credit, is an investment strategy where non-bank lenders including private investors, provide loans to businesses. This type of investment can offer higher yields, portfolio diversification, and lower volatility compared to traditional fixed income. However, it typically requires long-term commitments, usually ranging from 1 to 5 years.

02

Hedge Funds

Hedge funds typically invest in traditional asset classes like stocks and bonds but employ sophisticated techniques such as short-selling, leverage, and derivatives like options and futures to generate positive returns regardless of market conditions. They operate across a wide range of strategies, each with distinct risk and return profiles.

05

Infrastructure Investments

Infrastructure investments involve allocating capital to physical assets like transportation systems, utilities, and communication networks. These investments are typically long-term and offer stable returns, often linked to inflation. Investors in infrastructure aim to benefit from steady cash flows and lower risk compared to more volatile asset classes.

03

Commodities

Commodity investments involve trading in physical goods such as gold, oil, and agricultural products. These investments often utilise advanced strategies like futures contracts and options to capitalise on price movements.

06

Real Estate

Global listed real estate involves investing in publicly traded real estate companies, such as Real Estate Investment Trusts (REITs) across global markets. Global listed real estate spans a diverse range of sectors—including office, industrial, retail, residential, and specialised property types.

Defining Alternative Investments

01

Private Equity

Private equity involves investing in privately held companies, supplying capital to help them scale and seize growth opportunities. While these investments can offer high returns, they typically require long-term commitments, often ranging from 5 to 10 years.

02

Hedge Funds

Hedge funds typically invest in traditional asset classes like stocks and bonds but employ sophisticated techniques such as short-selling, leverage, and derivatives like options and futures to generate positive returns regardless of market conditions. They operate across a wide range of strategies, each with distinct risk and return profiles.

03

Commodities

Commodity investments involve trading in physical goods such as gold, oil, and agricultural products. These investments often utilise advanced strategies like futures contracts and options to capitalise on price movements.

04

Private Credit

Private debt or credit, is an investment strategy where non-bank lenders including private investors, provide loans to businesses. This type of investment can offer higher yields, portfolio diversification, and lower volatility compared to traditional fixed income. However, it typically requires long-term commitments, usually ranging from 1 to 5 years.

05

Infrastructure Investments

Infrastructure investments involve allocating capital to physical assets like transportation systems, utilities, and communication networks. These investments are typically long-term and offer stable returns, often linked to inflation. Investors in infrastructure aim to benefit from steady cash flows and lower risk compared to more volatile asset classes.

06

Real Estate

Global listed real estate involves investing in publicly traded real estate companies, such as Real Estate Investment Trusts (REITs) across global markets. Global listed real estate spans a diverse range of sectors—including office, industrial, retail, residential, and specialised property types.

The challenge with Alternative Investments

What are
Liquid Alternatives

Liquid alternatives are daily liquid open-end funds, like unit trusts and ETFs.
Liquid alternatives include various alternative strategies, often non-correlated and alternative sources of alpha.
Collectively, liquid alternative funds manage around $255 billion in assets across various strategies.

Characteristics of Liquid Alternatives

  • Daily Liquidity
  • Transparent & Regulated
  • Easily Accessible
  • Diverse Strategies

Benefits of the Liquid Alternative Solution

Drawdown protection

Alternate sources of return with limited drawdown risk

Value Added Core-Satellite Allocations

Enhances risk-adjusted returns

Use of Third-Party Service Providers

LNKD Investment Managers (Pty) Ltd (“LNKD”), an authorized Category I and II Financial Services Provider, makes use of approved third-party service providers to support the delivery of discretionary investment management services. These may include, where applicable, portfolio administration, custody, execution, technology, data, and related support services.

All third-party arrangements are subject to appropriate due diligence, formal contractual agreements, and ongoing oversight. Notwithstanding any outsourcing or third-party involvement, LNKD retains full responsibility and accountability for the discretionary financial services rendered to clients.

Number
Product & Service Providers
1
Ardan
2
Capital International (CIG)
3
IDAD
4
Swissquote
5
Quilter
6
Glacier
7
INN8
8
Ninety One
9
Momentum Wealth International
10
Momentum Wealth
11
Baker Tilly (Previously Optimus)
12
Overseas Trust & Pension
13
RL360
14
STM Group Plc
15
Utmost
16
IVCM
17
Matco
18
PIMS

Anthony Palmer

Head of Investment Committee | CA (SA)
Anthony obtained his B Com and B Com Accountancy from the University of the Witwatersrand and qualified as a chartered accountant while doing his articles at Grant Thornton. Anthony spent eleven years working abroad as a managing director in structured credit sales and derivative marketing in London and Wall Street where he was global head of the alternative risk markets group for a leading banking institute. On returning to South Africa, Anthony ran his own business in the finance and venture capital industry before joining the Carrick Group where he is Managing Director of their family office (Wealth Succession) and head of the Carrick Investment Committee. Anthony is LNKD’s Managing Director and acts as Chairman of the Investment Committee.

Robert Enslin

B.Com (Honours), CFA

Rob obtained his B Com Honours degree from the University of Stellenbosch and is a CFA Charter Holder. He started his financial services career in 2008 at ValuGro Capital which was rated as the top small asset management company during the same year. Valugro Capital was subsequently purchased by the listed Efficient Group and the asset management arm was renamed Efficient Select in 2011. During his time at ValuGro Capital and Efficient Select, Rob Enslin was the portfolio manager of the Efficient Worldwide Flexible Fund which was the recipient of two Raging Bull Awards in 2011 and 2012 as the top performing fund (risk adjusted) in its category over a rolling 5-year period. In 2015, Rob was appointed as Head of Private Clients. In 2016, he departed to join StrategiQ Capital. At LNKD Rob is a portfolio manager, key individual, investment committee member and Director.

Luis Levy

B.Com, CFA

Luis obtained his B Com degree from the University of Cape Town and is a CFA Charter Holder. He started his financial services career in 1998 at Old Mutual and has gained valuable experience in fund management at several leading financial institutions. During his career he has also managed numerous mandates for retirement funds.  Luis joined Efficient Select, the asset management arm of the listed Efficient Group in 2010. He was appointed Managing Director of Efficient Select in 2011, where he was able to successfully grow the fund manager in the retail and institutional markets. In June 2015 he departed to setup StrategiQ Capital and at LNKD is a portfolio manager and member of the Investment Committee.