High Street Asset Management

22/05/2026

Research Analyst, Jarred Breen, offered the following when reflecting on the monthly performance of the High Street Global Balanced Fund:

“April was a strong month for the Fund, delivering a return of 7.3% after a volatile start to the year. The recovery was supported by improved risk appetite across global markets, with a number of our quality growth holdings rebounding from depressed levels. UnitedHealth was the standout contributor, up 37% for the month, as sentiment improved following a better-than-expected Medicare Advantage rate update and Q1 results that showed signs of stabilising cost trends and improving margins.

During the month, we also made important changes to the fixed income allocation. Against a backdrop of sticky inflation and a more cautious Fed, we significantly reduced duration and initiated a position in an inflation-protected U.S Treasury (TIPS) maturing in October 2030. This is expected to reduce the portfolio’s sensitivity to further increases in yields, while adding a measure of inflation protection should price pressures remain elevated."

See the Fund’s performance and our other offerings:
https://hsam.co.za/fund-fact-sheets/

07/05/2026

“No matter how great the talent or efforts, some things just take time. You can’t produce a baby in one month by getting nine women pregnant.” Warren Buffet

As we celebrate 15 years of High Street, we recognise the value of time, character and discipline.

Mike explains:

“What began with around R60 million under management has grown steadily to more than R2.5 billion today. This growth has been gradual and organic, built largely on long-term relationships, trust, and referrals rather than a focus on gathering assets at all costs.”

A big thank you to the clients and partners who chose to invest alongside us, before we had the 15-year track record.

https://hsam.co.za/

30/04/2026

Eager to differentiate as a boutique + maximise offshore exposure + comply with Regulation 28… sounds like an impossible Venn diagram.

Yet, it was this conundrum that got investment nerds Mike and Ross excited and ultimately led to the High Street Balanced Prescient Fund launch in December 2018.

What has come to be referred to as ‘the Reg. 28 Fund with a 90%+ Rand-hedge’, it remains compliant by taking advantage of dual-listings and holdings that primarily derive revenues from offshore operations. It is a highly differentiated fund designed to globally diversify retirement savings within the regulatory constraints.

As we celebrate 15 years of High Street, we celebrate the High Street Balanced Prescient Fund and its 7-year track record: https://hsam.co.za/local-funds/

22/04/2026

22/04/2026

The 2026 South Africa Budget quietly unlocked a meaningful opportunity for investors thinking globally.

The Single Discretionary Allowance has increased to R2 million per adult, per year—the first change in almost 15 years. For couples, that’s up to R4 million annually that can be externalised without SARS tax clearance. This change makes offshore investing more accessible, with fewer administrative delays.

𝐈𝐟 𝐠𝐥𝐨𝐛𝐚𝐥 𝐝𝐢𝐯𝐞𝐫𝐬𝐢𝐟𝐢𝐜𝐚𝐭𝐢𝐨𝐧 𝐢𝐬 𝐩𝐚𝐫𝐭 𝐨𝐟 𝐲𝐨𝐮𝐫 𝐥𝐨𝐧𝐠‑𝐭𝐞𝐫𝐦 𝐭𝐡𝐢𝐧𝐤𝐢𝐧𝐠, 𝐧𝐨𝐰 𝐢𝐬 𝐚 𝐠𝐨𝐨𝐝 𝐭𝐢𝐦𝐞 𝐭𝐨 𝐫𝐞𝐯𝐢𝐬𝐢𝐭 𝐡𝐨𝐰 𝐨𝐟𝐟𝐬𝐡𝐨𝐫𝐞 𝐞𝐱𝐩𝐨𝐬𝐮𝐫𝐞 𝐟𝐢𝐭𝐬 𝐢𝐧𝐭𝐨 𝐲𝐨𝐮𝐫 𝐛𝐫𝐨𝐚𝐝𝐞𝐫 𝐢𝐧𝐯𝐞𝐬𝐭𝐦𝐞𝐧𝐭 𝐬𝐭𝐫𝐚𝐭𝐞𝐠𝐲.

16/04/2026

The journey of an entrepreneur is infrequently a straight line to the top right. Often, initial clients tend to have personal relationships with the founder.
What makes the High Street story special is that despite our growth, maturity and formalisation, many of these investment relationships live on 15 years later.

High Street may be a company, but it’s also been a custodian of our clients’ hopes, dreams, plans and wellbeing. This is a privilege and responsibility that has never been taken lightly.

This is more than a celebration of 15 years of High Street. It’s a sincere thanks to the clients and the families who helped get us here.

https://hsam.co.za/our-story/

08/04/2026

Fund Manager, Charlie de La Pasture, offered the following when reflecting on the monthly performance of the High Street Wealth Warriors Fund.

"𝘋𝘦𝘴𝘱𝘪𝘵𝘦 𝘢 𝘷𝘰𝘭𝘢𝘵𝘪𝘭𝘦 𝘴𝘵𝘢𝘳𝘵 𝘵𝘰 2026, 𝘵𝘩𝘦 𝘧𝘶𝘯𝘥𝘢𝘮𝘦𝘯𝘵𝘢𝘭 𝘴𝘵𝘳𝘦𝘯𝘨𝘵𝘩 𝘰𝘧 𝘰𝘶𝘳 𝘞𝘦𝘢𝘭𝘵𝘩 𝘞𝘢𝘳𝘳𝘪𝘰𝘳𝘴 𝘩𝘰𝘭𝘥𝘪𝘯𝘨𝘴 𝘳𝘦𝘮𝘢𝘪𝘯𝘴 𝘳𝘦𝘴𝘰𝘭𝘶𝘵𝘦. 𝘞𝘪𝘵𝘩 93% 𝘰𝘧 𝘰𝘶𝘳 𝘱𝘰𝘳𝘵𝘧𝘰𝘭𝘪𝘰 𝘤𝘰𝘮𝘱𝘢𝘯𝘪𝘦𝘴 𝘣𝘦𝘢𝘵𝘪𝘯𝘨 𝘳𝘦𝘷𝘦𝘯𝘶𝘦 𝘦𝘴𝘵𝘪𝘮𝘢𝘵𝘦𝘴 𝘢𝘯𝘥 70% 𝘦𝘹𝘤𝘦𝘦𝘥𝘪𝘯𝘨 𝘌𝘗𝘚 𝘦𝘹𝘱𝘦𝘤𝘵𝘢𝘵𝘪𝘰𝘯𝘴 𝘪𝘯 𝘘4, 𝘸𝘦 𝘴𝘦𝘦 𝘢 𝘤𝘭𝘦𝘢𝘳 𝘥𝘪𝘴𝘤𝘰𝘯𝘯𝘦𝘤𝘵 𝘣𝘦𝘵𝘸𝘦𝘦𝘯 𝘰𝘱𝘦𝘳𝘢𝘵𝘪𝘰𝘯𝘢𝘭 𝘱𝘦𝘳𝘧𝘰𝘳𝘮𝘢𝘯𝘤𝘦 𝘢𝘯𝘥 𝘤𝘶𝘳𝘳𝘦𝘯𝘵 𝘮𝘢𝘳𝘬𝘦𝘵 𝘴𝘦𝘯𝘵𝘪𝘮𝘦𝘯𝘵. 𝘞𝘩𝘪𝘭𝘦 𝘵𝘩𝘦 𝘍𝘶𝘯𝘥 𝘳𝘦𝘵𝘶𝘳𝘯𝘦𝘥 -8.00% 𝘪𝘯 𝘍𝘦𝘣𝘳𝘶𝘢𝘳𝘺, 𝘵𝘩𝘦 𝘢𝘷𝘦𝘳𝘢𝘨𝘦 𝘳𝘦𝘷𝘦𝘯𝘶𝘦 𝘣𝘦𝘢𝘵 𝘰𝘧 1.5% 𝘢𝘯𝘥 𝘌𝘗𝘚 𝘴𝘶𝘳𝘱𝘳𝘪𝘴𝘦 𝘰𝘧 6.8% 𝘳𝘦𝘪𝘯𝘧𝘰𝘳𝘤𝘦 𝘰𝘶𝘳 𝘤𝘰𝘯𝘷𝘪𝘤𝘵𝘪𝘰𝘯. 𝘞𝘦 𝘷𝘪𝘦𝘸 𝘵𝘩𝘪𝘴 𝘢𝘴 𝘢 𝘴𝘦𝘯𝘵𝘪𝘮𝘦𝘯𝘵-𝘥𝘳𝘪𝘷𝘦𝘯 𝘱𝘶𝘭𝘭𝘣𝘢𝘤𝘬, 𝘰𝘧𝘧𝘦𝘳𝘪𝘯𝘨 𝘢𝘯 𝘰𝘱𝘱𝘰𝘳𝘵𝘶𝘯𝘪𝘴𝘵𝘪𝘤 𝘸𝘪𝘯𝘥𝘰𝘸 𝘵𝘰 𝘪𝘯𝘷𝘦𝘴𝘵 𝘪𝘯 𝘨𝘭𝘰𝘣𝘢𝘭, 𝘩𝘪𝘨𝘩-𝘨𝘳𝘰𝘸𝘵𝘩 𝘤𝘰𝘮𝘱𝘰𝘶𝘯𝘥𝘦𝘳𝘴 𝘢𝘵 𝘢 𝘥𝘪𝘴𝘤𝘰𝘶𝘯𝘵."

See the Fund's performance and our other offerings: https://lnkd.in/dsxguVwF

See full legal disclaimers: https://hsam.co.za/legal/

03/04/2026

As the long weekend begins, we’d like to wish all those who celebrate a peaceful and happy Easter, from all of us at High Street.

20/03/2026

Almost every blurb about High Street starts with ‘Offshore and Rand-hedged focused asset manager, based in South Africa.’ Choosing to organise the
business around this offshore focus wasn’t a snap decision, but rather a conclusion derived after decades in the industry and growing conviction.

Mike relays to us:

“Over time, our conviction in offshore investing strengthened. We recognised the importance of global diversification and access to high-quality international companies, particularly for long-term capital preservation and growth. Today, all our investment products are focused offshore, reflecting this long-held view.”

‘Offshore and Rand-hedged focused’ is arguably an understatement, as High Street exclusively has offerings with this underpinning.

Ross Beckley further clarifies,

“We are steadfast in meeting and standing by our mandate of maximising offshore exposure. We maintain this position irrespective of our views on the Rand-Dollar exchange. With this unwavering focus, we have refined our expertise in picking offshore investments that are likely to generate alpha. This allows capital allocators to use High Street as an offshore sleeve and manage their client portfolio’s Rand-hedge exposure in alignment with their own currency views.”

As we celebrate 15 years of High Street, we take great pride in offering a clear path for SA investors with global ambitions.

04/03/2026

What makes a holding high quality? If you ask High Street Research Analyst, Jarred Breen, the answer is 'market leaders who are able to drive performance, despite market volatility.'

We asked him to bring this to life by speaking to the High Street Global Balanced Fund.

"Our approach at High Street is anchored in a clear, consistent principle: we identify quality companies with strong competitive advantages that can compound free cash flows over time. ASML, the Fund’s top performer in January, exemplifies these qualities.

This focus on high-quality market leaders, combined with strategic asset diversification and active hedging, allows us to meet our mandate of mitigating downside risk while targeting long-term, risk-adjusted returns.”

Eager to find more high-quality holdings like ASML? See more here: https://hsam.co.za/fund-fact-sheets/