The investment landscape has changed Companies are staying private for longer, and many businesses that would once have listed on public markets now remain private throughout much of their growth journey. As a result, a growing share of innovation and value...
Fairtree Asset Management
The de-equitisation of public markets
For the last two decades, global capital markets have been undergoing a silent but aggressive transformation known as “de-equitisation”. The number of publicly traded companies has more than halved, while the pool of private capital is exploding. The pool of...
Timing the Rand
The South African rand is one of the most volatile currencies in the world, more so than many of its emerging market peers. In fact, over the past decade, only the Russian rouble and Argentinian peso have been more volatile. The currency's movements are often driven...




