RNC adopts a client-centric and technical consulting houseview. This means that we take into account each client’s specific liability profile, tax position, regulatory environment and objectives before rendering our consulting services. Being an actuarial firm we ensure we utilize our tools, investment network, experience and knowledge to set an accurate, practical and tailored solution for our clients. Due to our nimble size, we are extremely flexible and offer our clients complete support. We assist our clients with any financial or investment issue that they may have. This is at the heart of what we do as we believe that our consulting service is not a commodity that can be bought off the shelf. We have investment and insurance consulting experience which places us in a unique position to add significant value to our clients. Hedging strategies and derivative usage are utilized if it is in the best interest of the client. At RNC, we also apply risk management, stress-testing and scenario analysis to ensure the liability or goal is met. We also believe that our fees for these all-round actuarial expertise are very competitive as we do not have the expenses of corporate entities. The chart below demonstrates some of the factors that we take into account when rendering our domestic and offshore consulting service:
Chart: RNC’s Consulting Houseview
Rogerio Cabanita (qualified actuary, CFA charterholder and qualified CFP) has been conducting domestic and offshore consulting for the past 9 years. Rogerio headed up the Asset Liability Modelling Unit of Alexander Forbes and was Retail Chief Investment Officer. He provided this level of consulting to over 40 companies including many Top 40 blue chip companies. This consulting is the core of an investment strategy (strategic asset allocation) and it is imperative that it takes into account the liability profile of each client.
At RNC, we are constantly meeting different asset managers (both domestic and offshore managers). We like to meet new managers in the long-only investment space as well as in the long-short space. We do this as we firmly believe there is a space for both investment mandates. Derivatives are investment instruments that can be risky and must be used carefully and on the right balance sheets. We also meet our current “buy-list” asset managers to ensure that these asset managers are sound from a qualitative and quantitative perspective. RNC utilizes different tools and we obtain pricing from different asset managers as we require. This is important to ensure we are up to date with the asset management industry.