Aylett & Co. is an independently owned
and managed asset management boutique.
Raging Bull Awards 2024
We are thrilled to announce that our Aylett Balanced Prescient Fund won a Raging Bull Award for BEST SOUTH AFRICAN MULTI-ASSET EQUITY FUND and a Certificate for BEST SOUTH AFRICAN MULTI-ASSET HIGH EQUITY FUND
Additional nominations included:
Nedgroup Investments Bravata Worldwide Flexible Fund
Certificate for BEST WORLDWIDE MULTI-ASSET FLEXIBLE FUND (Straight Performance over 3 years)
Raging Bull Award for BEST WORLDWIDE MULTI-ASSET FLEXIBLE FUND (Risk-Adjusted Performance over 5 years)
Aylett Balanced Prescient Fund
Domestic Certificate for BEST SOUTH AFRICAN MULTI-ASSET HIGH EQUITY FUND (Straight Performance over 3 years)
To find out more about the Raging Bull Awards, click the link below
https://www.ragingbullawards.co.za/
LOOKING BACK AT THE YEAR 2022
Walter Aylett, CEO of Aylett & Company Fund Managers, discusses the last 12 month’s performance of the funds and the outlook for the Aylett funds.
This includes:
The performance of Aylett & Company’s funds in 2022.
Aylett and Company’s outlook for the future.
Our company
-
We are a boutique investment house, started in 2005, offering asset management services to retail, institutional and private clients.
Key for us is our approach to managing funds in a rational, well informed and independent manner, for those who share our philosophy.
-
Our Code of Ethics is clearly stipulated and we apply the highest possible standards of correctness, legality and fairness. Our guiding principal is one of “rightness” – we invest when the terms are right, we conduct our processes and company affairs in the right manner and we stay on the side of what is right.
In Aylett & Co. speak “close to the line is out”.
-
Our personal and company wealth is invested alongside that of investors in the funds we manage to ensure that our interests are aligned. We ‘eat our own cooking’.
Aylett News
Words with Walt
Justin’s MDD/Equity Fund Update
Awards
Our thinking
How does Aylett & Co. think?
-
Good investments are made despite prevailing market conditions by investing wisely and on the right terms.
This requires patience, investing intelligence and respect for the long-distance horizon – principles we uphold ourselves and encourage in our clients.
-
Our thinking is actioned by a robust and disciplined investment process.
Deep thought and thorough analysis lies behind investment decisions we take.
-
We are bottom-up in our thinking, allocating capital in a rational manner. We build portfolios based on asset analysis, understanding cash flows and seeking mispricing, rather than trying to predict the economy. We look for strong and sustainable business models, managed effectively and priced well.
We look for good assets first, mispricing second – that order matters.
OUR PHILOSOPHY
We are rational, bottom-up in our thinking, looking at assets rather than at the economy.
We favour assets supported by a strong and sustainable business model, managed effectively and priced well.
We spend considerable time and effort focused on the downside, i.e. the avoidance of permanent capital loss.
Risk for us is the Permanent Loss of Capital.
The Team
The team consists of individuals with impressive academic credentials. Intelligence, energy, integrity and a passion for investing are the special ingredients required to work at Aylett & Co. We invest our own assets alongside our clients’ in our funds. Our success is therefore closely aligned with that of our clients.
Aylett & Co. has provided an environment for these characteristics to flourish. We have handpicked a team that supports and practices our investment ethos backed up by exceptional client focus and a robust operational infrastructure.
“Ours is a highly privileged environment – we work with people we really like, doing a job we love, entrusted with managing investor capital and for that we are entitled to participate in an incredibly generous reward structure. We invest our own assets in Aylett & Co. managed unit trusts. Out-performance therefore rewards us in both our personal capacity and in our career capacity.”
— Walter Aylett, CEO
Meet the Team
-
WALTER AYLETT, CA(SA)
Founding Fund Manager
Walter founded Aylett & Co. in mid-2005 and began managing assets soon thereafter. This followed his time at Coronation Fund Managers for whom he worked for 7 years, first as Head of Research and then as Portfolio Manager. He excelled at managing several of their key Pension Funds and achieved recognition in the retail markets with the success of the Optimum Growth Fund. Walter managed this worldwide flexible fund from its inception and earned a number of Raging Bull awards over the years.
Prior to that Walter had been at Syfrets Managed Assets for 4 years where he had the privilege of jointly managing the highly rated Prime Select Fund with well-respected Tim Allsop. Earlier experience in the London financial industry had established a career path for Walter which he has been following ever since. He is regarded as an independent thinker with an investment approach driven by strong conviction, and a clear set of principles and values.
-
DAGON SACHS, CFA
Portfolio Manager
After working for Hewitson & Kontominas for 3 years, Dagon moved from Johannesburg to Cape Town to join Walter in starting Aylett & Co. in 2005. After initially setting up the operations of the business, he then joined the investment team. He became a shareholder in 2009, and is also a Director. In 2021 Dagon has taken responsibility for co-managing the asset allocation portfolios.
-
JUSTIN RITCHIE, CFA, CA(SA)
Portfolio Manager
After completing his Post Graduate Diploma in Accounting at UCT, Justin completed his articles and qualified as a Chartered Accountant at Deloitte in Cape Town, specialising in financial services. After qualifying, he worked in the Hedge Fund audit industry in the United States. Justin joined the Aylett & Co. Investment Team in 2010, and became a shareholder in 2017. In 2021 Justin has taken responsibility for co-managing the equity portfolios.
-
RYANN DEAN, CFA, CA(SA)
Global Equity Analyst
Ryann obtained his Post Graduate Diploma in Accounting at UCT, and went on to complete his articles and qualify as a Chartered Accountant at KPMG in Cape Town, specialising in financial services and the valuation of financial instruments. After qualifying he worked at Coronation Fund Managers for 5.5 years on the Global Equity team as an Investment Analyst. Ryann joined the Aylett & Co. Investment Team in 2020 as a Global Equity Analyst.
-
MURRAY MOORE, CFA
Analyst
Murray completed his Bachelor of Commerce Degree at Stellenbosch University and graduated cum laude. He followed this with an Honours degree in Financial Analysis. Having always known he wanted to be an investment analyst, he went on to write, and passed, all three CFA Program examinations in three consecutive years. In between studying for these exams he completed internships at various asset managers, including Aylett & Co., which he went on to join in 2019 as an Analyst.
-
JAN NEL, CFA
Analyst
Jan completed his Bachelor of Commerce Degree followed by an Honours degree in Financial Analysis, both at Stellenbosch University. After spending a decade in Hong Kong where he worked at a Hedge Fund analysing Asian stocks and then at Morningstar covering Asian Funds, he returned to South Africa and joined a UK based debt fund as an Investment Manager. Jan joined the Aylett & Co. Investment Team in November 2022 as an Analyst.
-
MARTIN GOREDEMA
Analyst
Martin’s exceptional research and reporting skills he obtained whilst completing his Honours in Agricultural Economics naturally led him to complete his B.Com in Investment Management which he obtained from Stellenbosch University. He joined Aylett & Co. in January 2023 as an Analyst.
-
WES CADLE
Research Assistant
Wesleigh completed his B.Com Honours Degree (Financial Management) at Stellenbosch University and subsequently joined Aylett & Co. in January 2020. He fulfils the role of Fund Accountant in the Operations team and is an integral part of their daily administrative tasks. He is currently studying for CFA level 2.
-
RUWAN PIENAAR
Trainee Analyst
Ruwan completed his B.Com at Stellenbosch University, majoring in Statistics and Investments. He then completed a six-month internship as an analyst at Denker Capital. He is currently in the process of completing his B.Com Honours at UCT, specialising in financial analysis.
He joined Aylett & Co. in January 2024 as a Trainee Analyst.
-
BERT ELLMANN, CA(SA)
Head of Operations
After completing his Bachelors of Business Science Honours Degree (Finance & Accounting) at UCT, Bert went on to qualify as a Chartered Accountant at Deloitte in Cape Town, specialising in the audit of companies in the financial services industry. Post articles Bert was seconded to New York where he focused on the audit of hedge funds.
After returning from New York Bert took up the role of Assistant Vice President at State Street where he gained advanced knowledge of both the regulatory and technical aspects of the asset management industry. Bert joined Aylett & Co. in 2018 as Head of Operations.
-
MEGAN PETERS
Fund Accountant
Megan completed her Senior Paralegal Diploma through The South African School of Paralegal Studies in 2015, where she achieved an overall distinction for the course.
She graduated from the Independent Institute of Education (IIE) with a Bachelor of Commerce degree with its core discipline in strategic management in 2020. Megan joined Aylett & Co. in 2015 in the role of Business Assistant and is currently a Fund Accountant focusing on the administration of our clients’ funds.
-
JAMES WHITAKER
Fund Accountant
James finished his undergraduate and honours degree in accounting at Stellenbosch University in 2020.
He then completed his articles at Ernst and Young, audited companies across various industries and qualified as a Chartered Accountant. He joined Aylett & Co. in February 2024 as a fund accountant and has recently started his CFA journey.
-
KIMON AYLETT
Marketing Specialist
Kimon completed his B.Com Honours Degree (Strategic Brand Management) at Vega School after majoring in Finance & Marketing at Stellenbosch University. His passion for the world of Digital Marketing resulted in the start of his digital agency, blackswan & co DIGITAL. His marketing efforts at Aylett & Co. assist with brand management, strategic content execution & holistic strategic marketing.
-
AALIAH KATHRADA
Business Development Assistant
Aaliah graduated from Stellenbosch University with a B.Com Economic Sciences degree and additional majors in Investment and Financial Management.
Driven by her enthusiasm for research in the investment industry, she is currently pursuing an Honours qualification at the University of Cape Town, specialising in the economic analysis of financial markets. She commenced her role as a Business Development Assistant at Aylett & Co. in February 2024.
-
DINOS AYLETT
Office Administrator
Dinos recently completed his B.Com Strategic Brand Management degree from Vega University. He gained valuable work experience by completing a six-month internship at blackswan & co DIGITAL, a media creative agency. He also worked part-time at Aylett & Co. for five months in 2023.
As of January 2024, Dinos has been promoted to the position of office administrator at Aylett & Co. and is working full-time.
OUR FUNDS
We are rational, bottom-up in our thinking, looking at assets rather than at the economy.
We favour assets supported by a strong and sustainable business model, managed effectively and priced well.
We spend considerable time and effort focused on the downside, i.e. the avoidance of permanent capital loss.
Risk for us is the Permanent Loss of Capital.
Follow our journey.
Contact
Thank you for visiting Aylett & Co.’s website. We welcome client interaction and would be happy to introduce our business to you. If you are an institution, a consultant, an independent financial advisor or a retail investor and would like to learn more, please contact us. We look forward to answering your questions.
Register here to receive fund fact sheets and news from Aylett & Co.