Rob Formby

Rob Formby

Rob is chief operating officer. He joined Allan Gray in 2009, taking on joint responsibility for the Retail business, specifically operations, technology and financial management. He was previously employed at the Mvelaphanda Group as a strategy consultant. Rob holds a Master of Business Administration from INSEAD and a Bachelor of Science degree in Mechanical Engineering from the University of Cape Town.

Articles by Rob Formby

2019 Q3 Comments from the Chief Operating Officer

By Rob Formby on 28 Oct 2019

I recently attended a presentation by trend analyst Dion Chang. He spoke passionately about the way the world is transforming as industries digitise and...

2019 Q2 Comments from the Chief Operating Officer

By Rob Formby on 29 Jul 2019

You’ve probably heard the saying, “if you don’t stand for something, you’ll fall for anything”. This modern proverb is as true for investing as it is for you...

Investors need to block out 'noise' ahead of elections

By Rob Formby on 06 May 2019

It is understandable for investors to feel jittery in the run-up to the national elections, but giving too much air time to market noise is never a good idea...

2019 Q1 Comments from the Chief Operating Officer

By Rob Formby on 29 Apr 2019

The first quarter of 2019 was characterised by a lot of “noise”: political noise as parties gear up for the general elections, noise generated by our energy...

2018 Q4 Comments from the Chief Operating Officer

By Rob Formby on 25 Jan 2019

2018 was a difficult year for local investors, with the FTSE/JSE All Share Index (ALSI) delivering -8.5%.This result caught many investors off guard as 2017...

Steinhoff class action

By Rob Formby on 28 Sep 2018

Allan Gray, along with other South African institutions, is participating in a class action case being run in the Netherlands by Dutch law firm BarentsKrans ...

2018 Q2 Comments from the Chief Operating Officer

By Rob Formby on 30 Jun 2018

This is my first issue of Quarterly Commentary in my new role as chief operating officer. I am excited and privileged to help lead Allan Gray forward,...

Thinking about your view of risk

By Rob Formby on 19 Apr 2018

Our primary concern as an investment manager is creating wealth for clients. To do this, we need to balance investment performance for clients with the risk...


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