Economic transformation is more than just a buzzword in South Africa - it's a critical step toward reshaping our economy and ensuring that everyone benefits from its growth. At its heart, economic transformation is about addressing the deep-rooted...
By the third quarter of 2024, it was evident that South African investors still sought the safety of fixed income and the high returns on offer due to relatively high interest rates rather than the potential returns offered by the equity market. The SA...
2024 was the biggest election year in human history where over 70 countries representing more than half of the global population held elections (in the same year). It is estimated that over 80% of incumbent party's lost voter support in 2024 compared to the...
Over the past few months positive sentiment has swung significantly in South Africa's favour, thanks to the formation of South Africa's first government of national unity (GNU) since the 1990's and its new Cabinet. The new administration is expected to...
Risk in investing is a feature, not a bug. It is, in fact, the reason we expect to earn higher long-term returns than provided by risk-free assets. When thinking about risk, investors should think equally about investment term too. The longer we remain...
How global pension funds have been investing in private markets Having spent the last 12 months in the United Kingdom as head of defined contribution investments at a large pension consultancy in London, I was surprised at the striking similarities between...
The escalating debt in two of the world's largest economies, China and the US, is pushing investors to seek value in unexpected places. In addition to the usual safe havens like gold, the Japanese yen and German Bunds (Bonds) are gaining attention as global...
South African investors have necessarily limited their exposure to global fixed interest bonds over the past several years for two primary reasons: unattractively low yields and the 25% offshore asset restriction for retirement portfolios under Regulation...
The quote “What gets measured gets managed” is attributed to the celebrated American management consultant Peter Drucker. By quantifying tasks or goals individuals can better understand their performance, set clear objectives and track progress. In this...
When most South African retirement fund trustees think of a custodian bank, a set of standard criteria comes to mind. Custodian banks hold and safeguard financial assets, protecting them from loss. Custodians facilitate the settlement and clearing of trades,...
