Melville Douglas, Standard Bank’s global boutique investment management company, is celebrating after scooping a prestigious title.
The offshore investment arm of the Standard Bank Group has been named Offshore Manager of the Year for 2021 at the Raging Bull Awards ceremony.
Regarded as the ‘Oscars’ of the South African investment industry, the event recognises top performance in the unit trust industry.
Melville Douglas, which has bases in Jersey and South Africa, was honoured for outstanding achievement as the Raging Bull Trophy acknowledged the Investment Management company whose entire offshore fund offering returned the best risk adjusted returns for clients over the past five years.
Launched in 1997, the ceremony has grown exponentially in recent years, although was a scaled-down affair this year as a result of the Covid-19 pandemic, taking the form of a video presentation streamed on the internet.
Chris Stead, Head of Portfolio Management, said: ‘We are absolutely thrilled to win such a coveted award which is a massive stamp of approval and a real endorsement for our International Global Investment team which has a long-term presence in the island.
‘We always strive to deliver consistent investment performance for our clients who we thank for their unwavering commitment.
‘To be recognised by such a highly regarded industry body for superior risk adjusted returns over a long-term investment horizon is something we are extremely proud. Indeed, we have worked seamlessly as a single investment business and this is very much an award which reflects the commitment and output of our entire team, both in Jersey and South Africa.’
Melville Douglas is a registered trading name of Standard Bank Jersey Limited. Standard Bank Jersey Limited is regulated by the Jersey Financial Services Commission and registered in Jersey as company 12999.
Melville Douglas is a subsidiary of Standard Bank Group Limited. Melville Douglas Investment Management (Pty) Ltd.(Reg. No. 1987/005041/07) is an Authorised Financial Services Provider (FSP number 595).