Misallocated capital is likely to be destroyed as business models based on a historically low cost of capital are repriced.
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 readingWhy are local equities surging when the economy is spluttering?
South African equity market composition has shifted over time, becoming dominated by Multi-National and Resources company shares and therefore driven by global business cycles
Continue readingSouth African Equities – What lies beneath
In this webinar STANLIB’s Head of Absolute Returns, Marius Oberholzer, and Senior Portfolio Manager, Warren Buhai, shared their SA equity thesis, while considering the market shifts in 2020.
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