• Welcome to Steer Capital
  • info@steercapital.co.za
  • 087 16000 99

Focused

Risk adjusted returns- consistently

Investment Team

Dennis du Plessis

Investment Manager

Dennis is the founder of Steer Capital, which was established in 2018. He is the investment manager and head strategist of the Steer SNN Stable Fund, Steer Tactical Balanced model portfolio, and the Steer Global model portfolio. Prior to establishing Steer Capital, Dennis was part of the management team of Salvo Capital.

Dennis completed the CAIA charter from the Chartered Alternative Investment Institute and holds a BCOM Law degree from the University of the Free State.

Estean Badenhorst

Investment Analyst

Estean joined Steer Capital in September 2021 after a 2-year stunt at Allan Gray. Estean fulfils the role of investment and data analyst within the investment team. Estean’s core competencies are his analytical abilities coupled with his passion for investment management.

Estean completed a master’s degree in Economics at the University of the Free State in 2019. His thesis studied the relationship of various international market indicators to the FTSEJSE ALL Share Index.  Estean is planning to enroll for the financial risk management (FRM) designation in 2022.

How We Think

We choose our decisions to be driven by the analyses of data relevant to the markets that we invest in. We believe that a disciplined, systematic and unbiased approach is an effective way to preserve and develop the integrity of our decisions. The foundation of the way we think is based on learning, applying and improving.

LEARN

We regard ourselves as students of the subject of investment management. Our learning ability is enhanced in the way we gather, research and interpret market data. We stand neutral towards information until we have evidence that it can be of value in our process.

APPLY

Information becomes valuable only when we learn what its specific value is in improving the way we make decisions. The robustness of our process allows for a new profitable idea to be incorporated in our process very quickly.

IMPROVE

The dynamic process of learning and applying creates an environment where improvement is a reality.

Investment Beliefs

Our most
important beliefs are listed below:

1. Given enough time, Beta always outperforms cash

2. Effective portfolios are well diversified across different Beta sources

3. Alpha is a function of risk management

Alignment

  • We see our relationships with investors as partnerships
  • We are invested in our own portfolios
  • Our compensation is aligned with the interests of our investors

Authentic

  • The investment ideas in our portfolios are inspired from our own research and work

Relevance

  • Investment portfolios that are unrelated to traditional themes and ideas
  • Dynamic portfolios managed with care and prudence

Profitability

  • Profitable portfolios in most market conditions

Overview

Local Portfolios

Our local portfolios are custom made for the South African investor who needs exposure to local equities, property, bonds, cash, offshore equities and commodities. Our unique tactical asset allocation process is delivered to investors in a cost-effective way.

Offshore Portfolio

The Steer Global portfolio is a USD denominated portfolio for the investor seeking exposure to a diversified investment strategy in global stocks, commodities and bonds. The strategy offers diversification value and are geared to deliver results in most market conditions.