An article published on Citywire noted that in recent times the ‘Absolute Return’ funds available to South African institutional investors have largely failed to achieve their CPI-related performance targets.
Continue readingAbsolute returns becomes Multi-strategy
The STANLIB Absolute Returns team will be renamed the Multi-Strategy investment team.
Continue readingKouga Wind Farm generates multiple benefits for investors, community
An investment by STANLIB in a renewable energy developer in 2010, even before SA’s renewable energy independent power procurement programme (REIPPP) was launched, has delivered benefits to the country, the local community and investors.
Continue readingCredit markets attract yield-hungry global investors
Central bank stimulus aimed at countering the effects of COVID-19 has sent global capital hunting for yield, as investors in developed markets contemplate near-zero or negative interest rates
Continue readingESG moves to the centre of investment decision-making
Nicholas Naidoo, head of credit at STANLIB Credit Alternatives, and Zeyn Ismail, head of STANLIB Credit Alternatives’ investment team, recently presented their views at the Alternatives Investment Forum 2020 on how Environmental, Social and Governance (ESG). Here’s a summary of their presentation.
Continue readingWhy SA should avoid a sovereign debt default
We have been positive in the short- to medium-term on bond returns given valuations, however we recognise the inherent risks of a potential fiscal cliff.
Continue readingAbsolute Returns – Q1 2021 – Tactical Asset Allocation
In this article, Marius Oberholzer, Head of STANLIB’s Absolute Returns team, provides a breakdown of their 2021 tactical asset allocation and thinking.
Continue readingUpdating tactical views on SA Government Bonds
In February 2020, we assessed nominal South African Government Bonds (SAGBs) through our six-lens Tactical Asset Allocation (TAA) framework.
Continue readingHealth Care risks – time for a check-up
In the middle of a global health care pandemic, with the economy on life support, the health care sector plays a defensive role in portfolio construction.
Continue readingDiversification and Gold in the Age of Financial Repression
The coronavirus pandemic has generated a new level of co-ordination between central banks and governments, with potentially profound consequences for the economy and markets.
Continue readingBanking sector investments: idea and process
The Absolute Return team holds a positive outlook on South African banks, based on the following factors which we unpack in this article written by Vaughan Henkel.
Continue readingDiversification’s Failure and the Need for Non-linearity
Relying solely on “average” correlations between assets can leave the investor served with measly gruel when they most need nourishment.
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