The need for infrastructure build and repair in South Africa is gaining momentum - none too soon. Large infrastructure spending plans have featured in recent National Budgets, but delivery has consistently fallen short. That's why the announcement by the Minister of...
Helping you deliver better outcomes for your members Your role as a Principal Officer or Trustee is to protect and grow the assets entrusted to you. When used carefully and responsibly, technology can help you fulfil that responsibility. At Argon Asset Management, we...
South Africa's investment landscape is marked by stark challenges: deep rooted inequality, persistent unemployment, and a highly concentrated Johannesburg Stock Exchange (JSE), where the top 10 stocks command over 45% of market value. This concentration, coupled with...
Historically, during periods of high market volatility and uncertainty, investors have turned to gold. In their efforts to safeguard wealth, the precious metal has long served as a de facto safe haven, a role it continues to play to some extent today. Thanks to...
The current landscape for gold shares reveals a critical juncture, as the market grapples with volatility and changing dynamics. What drives the gold price is a widely debated topic. While those drivers have varied in importance throughout its rich history, the...
In this article I will discuss the classification of derivatives when reporting and implications thereon, including the principle of “substance over form” in that context to allow us to see the big picture. Derivatives Investopedia defines derivatives as “a type of...
PSG Financial Services (PSG) is a great example of a long term winner whose valuation has looked full at almost any time over the last decade but has nonetheless done well for the patient investor (Figure 1) as it delivered growth underpinned by strong...
In South Africa, many families work tirelessly just to survive. With immediate needs pressing, thinking about the future feels like a luxury, one that many simply cannot afford. The harsh truth is that in many households, the idea of planning for retirement is...
When it comes to retirement planning, many rely on 'rule of thumb' calculations and assumptions; the likes of which we often see dotted across retirement fund communications or in financial services awareness campaigns. These rules of thumb, such as how many multiples...
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...