{"id":{"repo_id":"cape-town","oai_identifier":"oai:open.uct.ac.za:11427/5677"},"canonical_url":"https://search.dev.ndltd.org/etd/cape-town/oai:open.uct.ac.za:11427/5677","repository":{"repo_id":"cape-town","name":"University of Cape Town","base_url":"https://open.uct.ac.za/oai/request"},"display":{"title":"Creating an adaptive asset allocation fund to outperform inflation in the South African financial market","abstract":"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.","abstract_html":"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.","abstract_has_math":false,"creators":["Watson, Grant"],"institution":"School of Economics","degree_name":null,"degree_level":null,"degree_discipline":null,"degree_department":null,"school":null,"contributors":[],"advisors":["Ryan, Tom"],"committee_chairs":[],"committee_members":[],"year":2009,"date_issued":"2009","date_published":"2009","updated_at":"2026-07-22T22:23:21Z","subjects":[],"languages":["eng"],"rights":[],"rights_urls":[],"identifier_entries":[]},"links":{"outbound_url":"http://hdl.handle.net/11427/5677","outbound_label":"Handle","outbound_source":"dc:identifier.uri"},"metadata_groups":[{"id":"people","label":"People","entries":[{"key":"dc:contributor.advisor","label":"Advisor","values":["Ryan, Tom"]},{"key":"dc:creator","label":"Author","values":["Watson, Grant"]}]},{"id":"academic_context","label":"Academic Context","entries":[{"key":"dc:date.accessioned","label":"Dc Date Accessioned","values":["2014-07-31T12:21:24Z"]},{"key":"dc:date.available","label":"Dc Date Available","values":["2014-07-31T12:21:24Z"]},{"key":"dc:date.issued","label":"Date","values":["2009"]},{"key":"dc:publisher.department","label":"Dc Publisher Department","values":["School of Economics"]},{"key":"dc:publisher.institution","label":"Dc Publisher Institution","values":["University of Cape Town"]},{"key":"dc:type","label":"Dc Type","values":["Master Thesis"]},{"key":"dc:type.qualificationlevel","label":"Dc Type Qualificationlevel","values":["Masters"]},{"key":"dc:type.qualificationname","label":"Dc Type Qualificationname","values":["MCom"]}]},{"id":"language_rights","label":"Language and Rights","entries":[{"key":"dc:language.iso","label":"Language (ISO)","values":["eng"]}]},{"id":"identifiers","label":"Identifiers","entries":[{"key":"dc:identifier.uri","label":"Identifier URI","values":["http://hdl.handle.net/11427/5677"]}]},{"id":"additional","label":"Additional Metadata","entries":[{"key":"dc:description","label":"Description","values":["Includes abstract.","Includes bibliographical references (leaves 112-113)."]},{"key":"dc:description.abstract","label":"Abstract","values":["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."]},{"key":"dc:title","label":"Title","values":["Creating an adaptive asset allocation fund to outperform inflation in the South African financial market"]}]}],"canonical_facts":{"dc:contributor.advisor":["Ryan, Tom"],"dc:creator":["Watson, Grant"],"dc:date.accessioned":["2014-07-31T12:21:24Z"],"dc:date.available":["2014-07-31T12:21:24Z"],"dc:date.issued":["2009"],"dc:description":["Includes abstract.","Includes bibliographical references (leaves 112-113)."],"dc:description.abstract":["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."],"dc:identifier.uri":["http://hdl.handle.net/11427/5677"],"dc:language.iso":["eng"],"dc:publisher.department":["School of Economics"],"dc:publisher.institution":["University of Cape Town"],"dc:title":["Creating an adaptive asset allocation fund to outperform inflation in the South African financial market"],"dc:type":["Master Thesis"],"dc:type.qualificationlevel":["Masters"],"dc:type.qualificationname":["MCom"]},"updated_at":"2026-07-22T22:23:21Z"}