Investment Strategy
Our experience is in delivering optimal investment strategies for your shareholder and product funds (positive reserves), as well as management of negative reserves. This is done in the context of your capital requirements to optimise ROE and other shareholder metrics. These strategies range from portfolio constructions, to dynamically managed strategies. We balance a wide range of risk and value considerations to achieve business objectives.
Annuity Funds
Experience in all aspects of managing annuity funds including portfolio mandates, benchmarks, hedging and investment strategy. We work with all annuity types, such as level, non-level, CPI, structured & index-linked.
Shareholder funds
Invest shareholder capital optimally, to enhance ROE(V) and bottom line returns. We do this in a comprehensive framework that considers matters such as risk appetite, tax, liquidity constraints, business strategy and the like.
Negative Reserves
Manage exposures and funding costs of negative reserves to optimise your overall returns.
Positive (and GI) Reserves
Similarly to managing Shareholder funds, we assist with optimising the investment strategy of these reserves. We do this in a framework that considers aspects such as tax, risk appetite, the liability, balance sheet structure and the business strategy.
Structured Funds
We can assist with developing structured solutions to provide tailored risk, liquidity and return profiles suited to your specific needs.
Attracting Clients
We can work with fund managers to develop solutions for their insurance clients.
Analysis of problematic areas
Analysis of problem areas - in particular, ensuring adequate suitable mandates and investment strategy, considering the context of the liability in the overall balance sheet.
Line-2 Support
We can assist Line 2 with developing and managing adequate risk frameworks to manage risk of (structured or otherwise) investment strategies across the balance sheet.
Practice Areas
Specialised actuarial consulting. Experienced in capital and value management, ALM, hedging and guarantees, financial modelling, investment strategy and creating commercially attractive solutions.
Workworth is a Level 4 BBBEE Contributor.