CAIM is specialist investment manager who is authorised and regulated by the Financial Conduct Authority, with a particular focus on managing foreign exchange reserves on behalf of central banks globally. We can trace our roots back to 1749, when our predecessor organization was originally established by the British Crown. CAIM have via our predecessor organisation has offered financial services to our clients since 1833. We began managing money for the world’s first sovereign wealth funds in the 1960s, and CAIM’s oldest current management account dates to the early 1980s. CAIM offers comprehensive investment solutions tailored to our clients’ specific needs, and structures portfolios to maximise expected returns while constraining expected downside risk.
CAIM is a wholly-owned subsidiary of UK-based and UK-regulated Momentum Global Investment Management (MGIM) which is in turn a subsidiary of Momentum Metropolitan Holdings (MMH), a financial services group listed on the Johannesburg Stock Exchange. MMH has over 16,000 employees and its asset management subsidiaries manage over US$40bn of investment assets as at June 2023.
While an investment management mandate forms the core of each relationship between a central bank and CAIM, we aim to be a trusted advisor to each of our central bank clients, not simply an asset manager.
Our clients and their staff are at varying points on their institutional and professional journeys, and often need customised capacity building and training, not simply generic workshops that may inform participants “about” something, but not how “to do” something. Our training efforts are practitioner-focused, with a goal of delivering practical and immediately-usable advice.
Our Solutions and Advisory efforts tend to centralise on strategic asset allocation and investment strategy, best when in close collaboration with client Boards or Investment Committees. But we offer a much wider variety of advisory expertise, which can stretch from broad fund design and eliciting investment beliefs and risk tolerances, to best practices in governance of investment processes, to what we call “stakeholder education”.