ABOUT US
Who is Cadiz Asset Management?
Our investment philosophy
Our investment philosophy is to provide incremental outperformance over time within defined risk parameters.
Our investment process
The Fixed Income investment process forms an integral part of the overall investment process and methodology at Cadiz Asset Management.
The top-down process specifically focuses on determining a level of conviction on the directional movement of interest rates. It, therefore, includes an interrogation of all the factors that influence the directional movement of interest rates and the construction of our portfolios to match our interest rate view. The top-down process addresses critical components such as economic fundamentals, monetary conditions, valuations, and liquidity.
The top-down process is an on-going and dynamic function. It includes the following elements:
- Stock and Sector Selection
- Valuation Analysis
- Duration Management
- Risk and Scenario Analysis
- Yield Curve Analysis
- Credit Analysis
A tried-and-tested process that has proven itself over time.
Executive and Board Members
Ian Kilbride
Chairman
LLB (Hons)
Ian Kilbride is an experienced international businessman and the Chairman of Spirit Invest, the parent company of Cadiz. He brings to the Cadiz Board over thirty-five years of experience within financial services, working for both listed and unlisted companies and adding value variously as Chairman, Chief Executive, and Non-Executive Director.
www.iankilbride.com
Adrian Meager
MD and CIO
Orion Investment Managers
Prior to joining OIM, Adrian was employed at Momentum and has gained international experience at Lloyds of London. He has extensive knowledge and experience in the wealth management industry and has been actively involved in financial services for over 29 years. Adrian has been actively managing portfolios since 2006.
Adrian joined the group in 2006, initially as an Investment Specialist and was later appointed as Cape Town Regional Manager. He has subsequently held several key positions within the Group, culminating as Head of Asset Management. With the Spirit Group’s acquisition of Cadiz Asset Management in May 2018, Adrian was appointed as the Managing Director of Cadiz Asset Management. He was appointed OIM Managing Director and CIO in 2022.
Sidney McKinnon
MD and CIO
Cadiz Asset Management
Sidney has more than 23 years of experience in the asset management industry. He joined the Spirit Group in November 2013, and with the acquisition of Cadiz in May 2018, was appointed Senior Fixed Income Portfolio Manager South Africa. He has subsequently been appointed as Managing Director and Chief Investment Officer of Cadiz Asset Management. Sidney is ultimately responsible for the management of all portfolios and implementation of the fixed income investment process and philosophy.
Tiaan Meyer
Chief Financial Officer
BAccHons, CA(SA)
Before joining Cadiz, Tiaan spent five years at Woolworths in the Corporate Finance division, first as Group Accountant and subsequently moving into the Africa division where he played an integral part in growing the business across the continent. Tiaan has a wealth of experience, inter alia, dealing with IFRS and taxation.
Tiaan was promoted to the holding company, Spirit Invest, in 2015 where he started as the Head of Finance. In 2017, Tiaan was promoted to Financial Director of Spirit Invest.
Ryan Magee
Chief Operations Officer
BSocSc LOPHRM (Hons.), MSocSc)
Fixed Income Team
Sidney McKinnon
MD and CIO
Cadiz Asset Management
Sidney has more than 23 years of experience in the asset management industry. He joined the Spirit Group in November 2013, and with the acquisition of Cadiz in May 2018, was appointed Senior Fixed Income Portfolio Manager South Africa. He has subsequently been appointed as Managing Director and Chief Investment Officer of Cadiz Asset Management. Sidney is ultimately responsible for the management of all portfolios and implementation of the fixed income investment process and philosophy.
Hope Sono
Fixed Income Portfolio
Manager
Hope is an alumnus of the Argon graduate programme with four years of experience in asset management industry.