In European mythology, dragons breathe fire and terror; in Chinese mythology, water and prosperity. As China celebrates its year of the dragon, that difference in perception sums up the debate about China’s long term structural challenges. We tend to side with those...
Just over a year ago we were all enthralled by the emergence of a technology that promised to disrupt all facets of our lives. What started as a live social experiment of opening large Natural Language Processing (NLP) algorithms, in the form of ChatGPT, to answer the...
South Africa (SA)’s private education industry (schooling and tertiary) is an attractive space with good fundamentals and above average growth prospects. Its listed education groups (ADvTECH, Curro, STADIO) deliver quality education and are defensive businesses with...
Thabo Khojane, Managing Director, Ninety One South AfricaSouth Africa has faced significant infrastructure investment challenges, from low levels of government funding capacity to investor concerns about governance, to a lack of project pipeline. Now, however, the...
David Knee, Chief Investment Officer, M&G InvestmentsDespite the unexpectedly challenging year 2023 has proved to be so far for South African assets, investment managers have not gone rushing for the exits to seek “safety” offshore. Many view local assets as...
Lebohang Mofokeng, Equities Analyst, Argon Asset ManagementESG has become a mainstream business activity compared to yesteryears when these factors were marginalised against financial performance metrics. Over time, the relevance of ESG for policymakers and...
Conlias Tafadzwa Mancuveni, Head: Implemented Portfolio Solutions, Hollard Investment ManagersIn February 2022, Finance Minister Enoch Godongwana amended the maximum offshore investment limit for Regulation 28 retirement funds from 30% of assets to 45%....
Mike Adsetts, Chief Investment Officer, Momentum InvestmentsThere are periods of time during which it seems that very little changes. The investment industry is one where this is most definitely not the case.On the local front, the relaxation of exchange control...
Chris Lourens, Director, Solve Business Consulting, Member of the CFA GIPS® Standards Promotion Subcommittee In the world of finance, knowledge is power, and trustees of retirement funds hold a significant responsibility in managing assets on behalf of beneficiaries....
Kondi Nkosi, South Africa Country Head, SchrodersOur research shows that buybacks became more widespread in 2022, with some markets narrowing the gap with the US, where they are most common. In this article, we look at what’s driving this trend, why buybacks divide...
