ABOUT US
Who is Cadiz Asset Management?
Investment Approach
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 Team
Ian Kilbride
Chairman
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 launched his career as an IT specialist at Southern Life before moving into asset management, operating mainly as a quantitative analyst across both equity and fixed interest markets. He worked as a fixed interest specialist and portfolio manager at Nedcor Investment Bank and Abvest Associates, before joining Trident Capital. Here his duties included specialist fixed interest portfolio management and the development and management of Real Return and Targeted Return products.
Before joining Cadiz, Sidney was at Lion of Africa, as senior portfolio manager, being responsible for setting up the functionality of the asset manager within the group.
Tiaan Meyer
Chief Financial Officer
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
Fixed Income Team
Sidney McKinnon
MD and CIO – Cadiz Asset Management
Sidney joined Warwick Asset Management in November 2013, and with the acquisition of Cadiz in May 2018, was appointed Senior Fixed Income Portfolio Manager – SA, at Cadiz Asset Management. He holds a B.Sc degree from The University of Cape Town, Diplomas in IS Project Management, Financial Management, and has completed modules in the Capital Markets (Securities Institute-London). Sidney also holds a Post Graduate Diploma in Financial Planning from the University of Free State.
Sidney started his career as an IT specialist at Southern Life before moving into Asset Management, operating mainly as a quantitative analyst across both equity and fixed interest markets. He worked as a fixed interest specialist and portfolio manager at Nedcor Investment Bank and Abvest Associates, before joining Trident Capital. Here his duties included specialist fixed interest portfolio management and the development and management of Real Return and Targeted Return products.
Before joining Cadiz, Sidney was at Lion of Africa, as their senior portfolio manager, being responsible for setting up the functionality of the asset manager within the group.
Hope Sono
Fixed Income Portfolio Manager
Hope is an alumnus of the Argon graduate programme with four years of experience in asset management industry.
Careers
Cadiz is always looking for experienced, driven and qualified individuals within the broader financial services industry. Current opportunities to join Cadiz are shown below.
Spirit Foundation
Established by the Kilbride family, the Spirit Foundation provides a platform for Cadiz and others to support the three charitable foundations operating under the Spirit Foundation, namely the Spirit Education Foundation, the Spirit Community Foundation and the Spirit Wildlife Foundation.
The Spirit Foundation has established an enviable track-record over the past thirty years of assisting worthy causes and we believe that this has impacted in a positive and meaningful way on the lives and projects it has supported.
