COMMODITIES

"Agricultural commodity prices are driven by the weather, energy prices are driven by politics and metal prices by economics."
Sandra Gordon

Commodities are an integral component of most investment targets i.e. inflation. The incorporation of direct commodities into a portfolio reduces the basis risk of the portfolio vs benchmark. Managed appropriately, commodities' low correlation to financial assets provides significant portfolio diversification and adds significantly to risk adjusted returns.

RISK MANAGEMENT

"The edge in money management is now mostly achieved with risk management.”
Peter Brandt

With the advent of fundamental research consolidators like Bloomberg and off-the-shelf technical analysis software, very little
competitive edge remains in fundamental nor technical analysis.

From capital allocation to individual position sizing and management, risk awareness is integral to Coherent's approach to investment management.

SYSTEMATIC IMPLEMENTATION

“You don’t run onto a rugby field to win the match; you run on the field to play the game properly. The result is a by-product of how you play the game.”  D.H. Craven

A systematic approach to fund management provides the consistency and discipline required to adhere to your chosen investment approach through both bull & bear markets. This provides consistency of result through market cycles.

MEET THE TEAM

Andy is a multiple hedge fund award winning money manager with over 30 years’ experience in local & international financial markets.

c: +27 82 579 0330
e: andypfaff@coherentcommodities.com

Jhon Smith

Ndu Mdletshe

 B.Com (Hons) Marketing & Economics

Postgraduate diploma in finance, banking and Investments.
Lecturer of finance, quantitative statistics, economics, sales & marketing.

c: +27  73 919 0975
e: ndu.mdletshe@coherentcommodities.com

Jhon Smith

Wendy Funnell

 Head of Business Development

Wendy has over 25 years’ experience within the financial industry, heading up one of South Africa’s largest asset manager’s dealing desks for the majority of her career.  She changed roles when joining a new entrant into the asset management industry and was involved in both business development and managing their Middle Office.

c: +27 82 774 7376
e: wendyfunnell@coherentcommodities.com