A 2022 bond market investor surveying the wreckage of their portfolio has a lot in common with Dorothy, the heroine of The Wizard of Oz. Like her, they have suffered a perfect storm and awoken to find themselves in a strange new country.
Continue readingDevelopments shaping the South African economy going forward
The South African economy is facing a range of cyclical as well as structural impediments to growth, and they are being amplified by a weakening global economic environment.
Continue readingThe role of private markets in the investment ecosystem
‘Public markets’ refer to assets listed and traded on a public exchange like the JSE. ‘Private markets’ describes the much larger universe of unlisted debt and equity assets and their investors.
Continue readingA long term outlook with JPMAM
As we prepare to leave the market upheavals of 2022 behind, it is time to consider what lies beyond.
In this webinar, John Bilton, Head of Global Multi-Asset Strategy, and Thushka Maharaj, Multi-Asset Strategist, from J.P. Morgan Asset Management.
Behavioural Bias: Investors ignore at their peril
Even in an era of ubiquitous computing power STANLIB understands that building effective investment portfolios requires the creative and analytical genius of the human mind.
Continue readingA market-pleasing MTBPS 2022
Minister Godongwana’s fiscal prudence likely to reassure investors
Continue readingFOMO Investing
In this article we unpack two commonly-held assumptions: that one must be in the market on its best days to have a chance of long-term outperformance, and that market timing is impossible.
Continue readingGlobal and local economies under pressure
In this webinar STANLIB’s Chief Economist, Kevin Lings discusses the local and global economic environment and shares his views on what may lie ahead.
Continue readingA “Wee Dram” and the Big Question: Optimal offshore allocations under new Regulation 28 limits
On 23rd February 2022 the South African Minister of Finance changed the rules for local retirement funds by raising their maximum offshore allocation from 30% to 45%.
Continue readingSTANLIB to enhance its unit trust technology to world-class standards
By the end of 2022, STANLIB’s South African clients and advisers will enjoy the first fruits of the company’s significant investment in world-class technology. Through these investments, STANLIB’s online unit trust portal will be redesigned to revitalise and enhance the experience we offer clients and advisers.
Continue readingWhy should an ordinary South African care about the possibility of SA being greylisted by the global AML/CFT watchdog in a few months’ time?
The unwelcome news about the probability of SA being greylisted by the Financial Action Task Force (FATF) in February 2023 should be of grave concern to an ordinary South African.
Continue readingEquities have sold off while companies are making record margins. Should we buy?
Excessive pandemic-related monetary and fiscal stimulus boosted the profit margins of developed market equities to record levels.
Continue reading