Old Mutual once again scoops top Raging Bull award

Old Mutual has once again emerged victorious at the 2017 Raging Bull Awards, clinching the top performing global equity fund accolade. Ian Heslop, the mastermind behind the Old Mutual Global Fund, shared insights in an exclusive interview with CNBC Africa. Heslop attributed the fund's success to its unique strategy of diversifying across various investment styles rather than focusing on specific trends like value, growth, or momentum. This approach proved to be pivotal in navigating the turbulent market conditions of 2016, where styles fluctuated unpredictably. By avoiding big macro calls and sectoral bets, the Old Mutual Global Fund was able to deliver consistent returns, even in the face of challenges posed by global events such as Trump's presidency, Brexit, and developments in China. Emphasizing a focus on understanding market behavior and making informed stock selections, Heslop underscored the importance of adapting to the ever-changing investment landscape. Amidst concerns of potential headwinds due to geopolitical uncertainties, including the unpredictable nature of the sentiment-stirring White House, Heslop emphasized the need for a vigilant approach to gauge and respond to market sentiment. Investors eyeing to tap into the fund's successful track record were keen on understanding the entry level for initial investment and fee structures. While Heslop deferred fee-related queries to Old Mutual's South African business, he noted the importance of assessing the market's current valuation and the currency exposure dynamics. Despite a period of pricey equities and currency fluctuations, the fund offers an opportunity for diversification and exposure to a wide array of global assets and currencies, thus enhancing portfolio resilience and growth potential. With a focus on prudent investment selection and a diversified approach, Old Mutual's success story continues to inspire investors looking to navigate the complexities of the global market.