Creating an adaptive asset allocation fund to outperform inflation in the South African financial market

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dc.contributor.advisorRyan, Tomen_ZA
dc.contributor.authorWatson, Granten_ZA
dc.date.accessioned2014-07-31T12:21:24Z
dc.date.available2014-07-31T12:21:24Z
dc.date.issued2009en_ZA
dc.descriptionIncludes abstract.
dc.descriptionIncludes bibliographical references (leaves 112-113).
dc.description.abstractIn this dissertation, I detail the process I went through to create a new asset allocation product, with the intention of beating inflation over the long term, in the South African flnancial market space. This process has been a contributor to the creation of my model for new product development in the financial market space. Simulation is at the core of this process. At the outset, I cover a brief history and contextualise absolute return funds, looking at the difference between an absolute return fund, a balanced fund and a hedge fund. The move from defined benefit to defined contribution pension funds and the impact this has had on consulting actuaries risk appetites is visited. My concern in this regard is that capital preservation is being maximised, at the expense of capital growth, without taking into account the devastating effects of inflation.en_ZA
dc.identifier.apacitationWatson, G. (2009). <i>Creating an adaptive asset allocation fund to outperform inflation in the South African financial market</i>. (Thesis). University of Cape Town ,Faculty of Commerce ,School of Economics. Retrieved from http://hdl.handle.net/11427/5677en_ZA
dc.identifier.chicagocitationWatson, Grant. <i>"Creating an adaptive asset allocation fund to outperform inflation in the South African financial market."</i> Thesis., University of Cape Town ,Faculty of Commerce ,School of Economics, 2009. http://hdl.handle.net/11427/5677en_ZA
dc.identifier.citationWatson, G. 2009. Creating an adaptive asset allocation fund to outperform inflation in the South African financial market. University of Cape Town.en_ZA
dc.identifier.ris TY - Thesis / Dissertation AU - Watson, Grant AB - In this dissertation, I detail the process I went through to create a new asset allocation product, with the intention of beating inflation over the long term, in the South African flnancial market space. This process has been a contributor to the creation of my model for new product development in the financial market space. Simulation is at the core of this process. At the outset, I cover a brief history and contextualise absolute return funds, looking at the difference between an absolute return fund, a balanced fund and a hedge fund. The move from defined benefit to defined contribution pension funds and the impact this has had on consulting actuaries risk appetites is visited. My concern in this regard is that capital preservation is being maximised, at the expense of capital growth, without taking into account the devastating effects of inflation. DA - 2009 DB - OpenUCT DP - University of Cape Town LK - https://open.uct.ac.za PB - University of Cape Town PY - 2009 T1 - Creating an adaptive asset allocation fund to outperform inflation in the South African financial market TI - Creating an adaptive asset allocation fund to outperform inflation in the South African financial market UR - http://hdl.handle.net/11427/5677 ER - en_ZA
dc.identifier.urihttp://hdl.handle.net/11427/5677
dc.identifier.vancouvercitationWatson G. Creating an adaptive asset allocation fund to outperform inflation in the South African financial market. [Thesis]. University of Cape Town ,Faculty of Commerce ,School of Economics, 2009 [cited yyyy month dd]. Available from: http://hdl.handle.net/11427/5677en_ZA
dc.language.isoengen_ZA
dc.publisher.departmentSchool of Economicsen_ZA
dc.publisher.facultyFaculty of Commerceen_ZA
dc.publisher.institutionUniversity of Cape Town
dc.subject.otherEconomicsen_ZA
dc.titleCreating an adaptive asset allocation fund to outperform inflation in the South African financial marketen_ZA
dc.typeMaster Thesis
dc.type.qualificationlevelMasters
dc.type.qualificationnameMComen_ZA
uct.type.filetypeText
uct.type.publicationResearchen_ZA
uct.type.resourceThesisen_ZA
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