INSIGHTS

2021 FIRST QUARTER SUMMARY

LOCAL MARKETS IN A NUTSHELL The South African stock market was up over the quarter led predominantly by resource stocks. The JSE All Share Total Return Index gained 13.14% over the quarter. Chart: Performance of the FTSE/JSE All Share Index over the past ten years (2010/01/01 – 2021/03/31)Source: Trading economics The first quarter saw continued…

2020 FOURTH QUARTER SUMMARY

LOCAL MARKETS IN A NUTSHELL The South African stock market was up over the quarter led predominantly by resource stocks. The JSE All Share Total Return Index gained 9.39% over the quarter. Chart: Performance of the FTSE/JSE All Share Index over the past ten years (2009/10/01 – 2020/12/31) Source: Trading economics The fourth quarter saw…

2020-11-12 Moneyweb Readers Question

I have a living annuity in South Africa. As a hedge against financial uncertainty in SA, I want to withdraw the maximum allowed annually and reinvest the monies in offshore portfolios. In summary: draw 17.5% from my Investec living annuity, retain 5% for my needs, and invest the remaining 12.5% offshore. In theory, is this…

Improving pension fund outcomes – A case for hedge funds

  What is regulation 28?   “You may have seen that asset managers classify some of their multi-asset unit trust funds as being Regulation 28 compliant. This is an important distinction for investors who are saving towards retirement and want to ensure that their investment is not overly risky. Regulation 28 is part of the…

API Third Quarter Summary 2020

LOCAL MARKETS IN A NUTSHELL The South African stock market was up over the quarter led predominantly by resource stocks. The JSE All Share Total Return Index gained 1.75% over the quarter. Chart: Performance of the FTSE/JSE All Share Index over the past ten years (2009/07/01 – 2020/09/30) Source: Trading economics The third quarter of…

2020-09-21 Moneyweb Readers Questions

I am 58 years old and in good health. I have a provident fund of close to R6.6 million. I am planning to leave my current job and want to buy a well-established guest house in Graskop for R3 million using money from my provident fund. The guest house has had an average turnover of…

2020-07-30 Moneyweb Readers Question

I have R3 000 000 invested in SA at 8%/p.a. I am afraid that with the country’s financial problems, the rand may weaken over the next 5/10 years. Will it be advisable to rather invest in a dollar or pound sterling investment in a bank overseas and safeguard the value of my money (in rand…

2020-07-23 Readers Question – WHAT IF YOU HAD SOLD IN FEAR?

WHAT IF YOU HAD SOLD IN FEAR? Following the sharp and distressing fall on the JSE in the first quarter of 2020, investors where asking themselves whether they should sell their investments and go to cash or other safe haven assets. The risk at this point is making a financial decision based on our cognitive…

API Second Quarter Summary 2020

LOCAL MARKETS IN A NUTSHELL The South African stock market participated in the global rally over the quarter, posting its best quarterly performance since the Dot-com Bubble burst in 2001. The JSE All Share Total Return Index gained 23.2% over the quarter. Chart: Performance of the FTSE/JSE All Share Index over the past ten years…

API First Quarter Summary 2020

LOCAL MARKETS IN A NUTSHELL Local equity markets had a very poor performance in the first quarter of 2020, in response to the Coronavirus pandemic. The JSE All Share Total Return Index fell by 21.4% over the quarter. Chart: Performance of the FTSE/JSE All Share Index over the past ten years (2009/01/01 – 2020/03/31) Source:…