By Steven Romick, Fund Manager of Nedgroup Investments’ Global Flexible Fund. Accelerating change swirls around us, placing us in the middle of a vortex that is not without investment implications. In this new world of change, traditional value investing – buying a business or asset at a discount that offers the potential for upside appreciation […]
Staying vigilant could save you from becoming a victim of crime
South Africans have been experiencing a spate of criminal activity over many years. However, over the past couple of months, there has been a marked increase in unfamiliar and novel crimes such as car jamming and a new trend called “apple picking”, which sees criminals target iPhone users in parking lots and restaurants. However, besides […]
IRFA announces revamp of its prestigious awards programme
The Institute of Retirement Funds Africa (IRFA) industry awards and recognition programme has grown from strength to strength since its initial inception some 31 years ago. The programme attracts entrants from retirement funds and service providers across the spectrum and both the standard of entries and number of entrants has grown exponentially over the years. […]
Will proposed medical schemes amendments benefit members?
In the wake of reports about Health Minister Aaron Motsoaledi’s proposals for ushering in a new set of rules for how medical schemes operate, how are these changes likely to affect the industry and South African private healthcare consumers? (more…)
April inflation surprises on the low side
By Jason Muscat, FNB Senior Economic Analyst. April headline inflation surprised on the low side, printing at 4.5% y/y, below our expectations of 4.8%. Core inflation, which strips out food and non-alcoholic beverages, fuel and energy accelerated to 4.5% y/y from 4.1% the previous month. While the impact of the hikes in the April fuel […]
Five steps to being investment-savvy newlyweds
Typical millennial couples seem to prefer receiving cash in place of tangible wedding presents. While agreeing that this makes sense, Lisa Airey, Strategy Analyst at Old Mutual Unit Trusts, urges millennial newlyweds to consider investing their monetary contributions into building a financially secure future together. (more…)
Saving: A Late Start in the Race
By Franklin Templeton Investments. You are in your late 30s and have suddenly realised that financially you aren’t ready for your children’s education or marriage. Worse still, you haven’t even secured a house. Don’t despair, for you are not alone. Many of us start chasing our goals quite late in life. The good news is […]
Exchange control and cryptocurrencies
By Leon Rood, Director at Werksmans Attorneys. When it comes to cryptocurrencies, an area that is often overlooked is that of exchange control, and whether the acquisition or trading in cryptos may (even inadvertently) lead to a transgression under the exchange control regulations. SARB’s views The South African Reserve Bank (SARB) is not unlike regulators […]
Citadel incubates a black wealth management company
Since 1994, there has been a significant increase in net emerging wealth in South Africa, as evidenced by the ANC’s recent claim that black middle class has grown from approximately 1.7 million people to 6 million people over the past 24 years. Despite this, there remains a dearth of wealth management companies that reinvest back […]
Discrediting some of the myths about disability cover
A client’s biggest asset is their ability to earn an income. However, not everyone seems to be equally convinced of the importance of protecting this asset. This is echoed by the Association for Savings and Investments in South Africa (ASISA) which reported a total disability gap of about R16 trillion. (more…)
The rise of ‘meta cities’ and the impact on real estate investing
Hugo Machin, Co-Head of Global Real Estate Securities at Schroders, explains the rise of a new breed of ‘meta cities’. Urbanisation will be the defining trend of the next 25 years, says Hugo Machin, Co-Head of Global Real Estate Securities at Schroders. “It will underpin where and how we live, how we work and what […]
