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Perpetua Global
Balanced
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Fund strategy

The Perpetua Global Balanced portfolio is a multi-asset class portfolio investing in equities, bonds, cash and commodities in the domestic and global markets subject to the restrictions of Regulation 28. The Fund is managed in a manner to deliver returns above long term target of SA CPI+5%. The strategy benefits from Perpetua’s top-down macro driven asset allocation process combined with bottom-up fundamental asset class research and stock-picking.

Portfolio managers

Delphine Govender

Chief Investment Officer

Lonwabo Maqubela

Deputy Chief Investment Officer

Patrick Ntshalintshali

Portfolio Manager

Latest news

Postcard from Tokyo
Insights

Postcard from Tokyo

Lonwabo Maqubela, Deputy Chief Investment Officer, and Jeremy Gorven, Senior Investment Analyst, recently returned from a week-long research trip to…
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Outperforming with less risk? The Balanced Fund you need to know
Insights

Outperforming with less risk? The Balanced Fund you need to know

In an investment landscape often marked by uncertainty and volatility, the “boring” balanced fund still remains a compelling choice for…
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The tug of war in the South African listed credit market
Insights

The tug of war in the South African listed credit market

The South African listed credit is a c. 1.1trn nominal market (excluding government paper), consisting of c. 2 484 listed…
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Mastering insightful investing

Perpetua is independent, owner-managed investment management firm. We strive for excellence in performance, conduct and engagement and operate out of a purpose-driven culture.

 

We consistently employ a long-term investment approach that is thoughtful, rigorous and that doesn’t follow the crowd.

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Delphine Govender

Delphine is the firm’s Chief Investment Officer and is an Executive Director of the firm. As CIO, Delphine has ultimate responsibility over the investment function and capability and has portfolio management responsibilities over all asset classes.

Delphine has over 28 years’ financial services experience of which the past 25 years have been spent directly in investment management. Delphine co-founded Perpetua in 2012 after having spent almost 11 years at Allan Gray Limited, where she held positions of Portfolio Manager and executive Director. She is a qualified CA(SA) and CFA charterholder.

Lonwabo Maqubela

Lonwabo is Deputy Chief Investment Officer and Portfolio Manager and has been with Perpetua since the firm’s inception. Lonwabo one of Perpetua’s equity and multi-asset class portfolio managers and is also responsible for oversight of all the equity research conducted by the firm.

Lonwabo has over 17 years’ financial services experience, of which the past 14 years have been spent directly in investment management. Lonwabo joined Allan Gray Limited in 2007 as an analyst where he spent 4 years after which he joined Stanlib as an In September 2012, Lonwabo joined Perpetua as one of the firm’s first staff. He is a qualified CA(SA) and CFA charterholder.
Patrick Ntshalintshali
Patrick is a Portfolio Manager and is an Executive Director of the firm and has been with Perpetua since 2014. Patrick is one of Perpetua’s equity and multi-asset class portfolio managers and is also responsible for the portfolio risk management of all portfolios, serving as Chair of the Portfolio Risk Committee.

Patrick has over 26 years in the financial services industry and joined Perpetua from Vunani Fund Managers where he was a Portfolio Manager and Head of Equity Research. Prior to that he was founding member at Mtungwa investment holdings and before that an analyst and portfolio manager at Old Mutual Asset Managers over 8 years. Patrick started out his career at Syfrets Managed Assets, where he started out as an investment analyst and then became a portfolio manager. Patrick holds BCom (Hons) and has completed the Executive Development Programme (EDP) at Stellenbosch University.