Nicole Martens, Head of Stewardship, and Siboniso Nxumalo, Chief Investment Officer, Old Mutual Investment Group The local construction sector has faced a number of challenges in recent years, led by a lack of infrastructure spend post the World Cup boom, the Covid-19...
David Rees, Senior Emerging Markets Economist at Schroders A key plank of our view on emerging markets (EM) is that steep declines in inflation, in part due to a reversal of food price pressures, would allow central banks to start cutting interest rates this year,...
Nicholas Hops, Head of Equity Research, Coronation Fund ManagersIn July 2021, we wrote about the gold position that was held across many of Coronation’s client portfolios. A year later, we sold down the bulk of this position to increase our exposure to well-priced...
Izak Odendaal, InvestmentStrategist, Old Mutual Wealth For the last year or so, following regulatory crackdowns, Covid lockdowns, slowing growth and growing strategic competition with the West, many investment commentators have posed the question “Is China...
However, there is no clarity over the distinction between investment pledges and realised investments over the past five years. This conflation will now become a R2-trillion conundrum that will only become clearer beyond 2028. What is clear from the announced pledges is...
As a regime shift takes place, the global economy is on the cusp of a decade of higher capitalexpenditure by companies. Smart manufacturers are poised to reap the rewards of this. Capital expenditure (capex) by corporates is proving surprisingly resilient. We think...
South Africa should be spending at least 30% of GDP by 2030 on infrastructure to promote inclusive economic growth. Unfortunately, spend has tracked well below this target since the early 1980s, and we significantly lag other, faster growing economies in this key...
Marcus Rautenbach, Principal Investment Consultant, Simeka Consultants and Actuaries Following the National Budget presented by the Minister of Finance to Parliament on 22 February 2023, consensus opinion was that it is a fair budget but that its success...
Investment success in 2023:Don't play the guessing game Fabiana Fedeli, Chief Investment Officer:Enquities and Multi -Asset and Sustainability M&G Investments (UK) So far in 2023, global financial markets have experienced some wild swings, dictated by the guessing...
Eugene Botha,Deputy Chief Investment Officer, Momentum Investments Risk means different things to different people and to make the most appropriate investment decision for a client, risk must be defined clearly and measured correctly. When...
