ResAm is proud to introduce our new Cash Management Portfolio Solution! A bespoke solution explicitly tailored for insolvency practitioners and administrators. Trusted by one of the largest insolvency practitioners in South Africa, this portfolio is a cornerstone in our offerings, designed to meet the unique needs of managing insolvent estates with precision and compliance.
Here’s what to know
Purpose:
The portfolio is built to align with the South African Insolvency Act and FAIS legislation, ensuring regulatory adherence while safeguarding assets.
Investment Objective:
A highly conservative approach prioritises capital preservation while maintaining liquidity for immediate access to funds.
Mandate:
Investments are limited to low-risk money market instruments, with counterparty risk capped at ABSA Bank and exposure to other leading South African banks like Nedbank, Standard Bank, and FirstRand.
Why this matters
Managing the assets of an insolvent estate requires both expertise and trust. This specific Cash Management Portfolio guarantees a minimum net income for investors with balances exceeding R500 000. With transparent reporting, including sub-account statements available within 48 hours, we ensure clients have full visibility into their investments.
Our commitment
ResAm brings over 40 years of experience in the financial industry. We manage funds backed by academic rigour and insights. Above all, we build strong relationships that are grounded in trust. By combining tailored fund management solutions with a deep understanding of our clients’ needs, we aim to grow together, delivering value that goes beyond numbers. With competitive fees starting at 0.4% per annum, we offer cost-effective solutions without compromising quality.
We are excited to share this offering and look forward to seeing how it transforms cash management for administrators across South Africa. Do not hesitate to reach out if you want to learn more!