FedGroup Financial Services' 2012 annual product launch kicked off on Wednesday, 18 April 2012, at the Michaelangelo Hotel, in Sandton.
FedGroup's 2012 annual product launch kicked off at the Michaelangelo Hotel in Sandton
Embarking on a nationwide road show, South Africa's leading independent financial services group is set to reveal a refined product offering to the industry.
In addition to introducing the FedGroup Property Portfolio for institutional investors and re-introducing FedGroup's Property Finance Services, the Group also launched tailored individual investment options for its Participation Bond product. Guest speaker, Dr Adrian Saville, set the tone for the 250 financial advisors in attendance with his presentation themed, “How to make your pick in a difficult investment landscape”.
Launching the Group's brand new Property Portfolio, FedGroup Executive Grant Field confirmed property as an attractive investment option for investors looking to diversify asset allocation. “Ninety percent of the world's millionaires acquired their millions through property. With this in mind, we designed a direct Property Portfolio that looks to offer significant returns, based on the property fundamentals of rental income and capital appreciation”. With 20 years' of experience in running property, FedGroup's Property Portfolio will join its six existing multi-asset portfolios.
Executive of Finance and Sales Scott Field introduced the Group's Property Finance offering. Looking to bring “something new” to its already innovative product offering, FedGroup will now offer financing for the acquisition of prime commercial and industrial property. “Tailored to meet the needs of individual investors, FedGroup's Property Finance presents itself as a packaged deal”, Field explained. Field also discussed the Group's refined Participation Bond product offering.
The Launch Team. From left to right: Micheal Field, Walter van der Merwe, Scott Field, John Field, Grant Field and Dr Adrian Saville
“In a continued bid to ensure innovation, flexibility and simplicity, we refreshed our Participation Bond product options,” says Field. FedGroup's Participation Bond product now includes a Fixed Option, which offers a certainty of return, regardless of fluctuating market conditions, and an Investment Option, which offers a stable return and the flexibility of withdrawal.
Launch packs offered financial advisors refreshed marketing material, including an updated corporate profile, a simplified distinction umbrella leaflet and brochures for the Group's new offerings.
The atmosphere of the launch was embodied in the words of FedGroup CEO John Field, who acknowledged the world's dire economic conditions, but confirmed the Group's strong position. “Currently, the world economic conditions are the worst since the 1930s and look to continue for some time. As we move through these times, we need to ask ourselves, what makes us unique? FedGroup is a family. Family is our history, our ethos and our cornerstone. As our family moves through these times, we are in the strongest financial position in our history. Furthermore, I can assure you that as these bad times pass, we will be able to confirm our continued steady growth.”
250 Financial Advisors attended the Johannesburg Launch. An estimated 210 Financial Advisors will attend the Durban, Cape Town and Port Elizabeth events
FedGroup's product launch continues in Durban, moving to Cape Town and Port Elizabeth next week.