South African REITs have performed poorly for investors over the last five years. Even after its recent rally, the SA REIT price index remains over 30% below its 2019 high. Including dividends, the sector’s total return over the five years ending March 2024 was essentially zero.
Despite a surge in bond prices towards the end of 2023, we retain a positive outlook on US government bonds at their current yields, and believe that South African government bonds (SAGBs) have more to give over the coming year.
The foundations of portfolio risk never change, but risk management practices have evolved over time to incorporate the latest technology and techniques.
STANLIB Infrastructure Investments, through the STANLIB Infrastructure Fund II, has joined hands with two long-standing and well-established partners to create an innovative new renewable energy platform, Lyra Energy. The partnership will further enhance its clients’ ability to have an impact through their investments.
Listed property has weathered a perfect storm over the last four years.
South African townships buzz with an informal economy, unseen in official data but booming, nonetheless. “Spaza shops,” street vendors, barbers, and more cater to residents’ daily needs. Despite Covid-19, retail tenants in townships even outperformed those in wealthier areas, showcasing the informal “kasi” economy’s strength and potential.
STANLIB has launched a new fund, the STANLIB Corporate Enhanced Yield Fund, in response to demand from SA’s corporate treasuries for a higher yield on a portion of the substantial cash they hold for longer dated requirements.
STANLIB Deputy head of Fixed Income explains the factors contributing to the bond market’s response and why we can expect more good news from this asset class.
STANLIB, together with group companies, Standard Bank (SBK) and Liberty, are taking an ambitious leap forward to help the energy transition across the continent by launching a large-scale Energy Transition Fund.
Property is often viewed as a homogenous asset class, but every asset presents a unique balance of risk and reward; the decision to allocate between domestic and offshore markets is complex and demands thorough deliberation.
The best time to plant a tree was 20 years ago. The second best time is now.
STANLIB has invested over R2.4 billion in the Pitje-family-controlled company, New GX, to accelerate the roll-out of digital access across the country.
