Seriti Capital Partners (“Seriti”) is delighted to announce the purchase of 100% of the shares of Cannon Asset Managers (“Cannon”) from Bidvest Financial Services, with effect from 1 September 2021. The day-to-day operations of the business will continue as before, under a new executive team who bring a wealth of experience and insights to the business, and will add to...
Over the past quarter, many investors have been scratching their heads at the resurgence of the S&P 500, the JSE and other market indicators since the dramatic selloff just three months ago. This rally can largely be explained by near-zero interest rates provided...
CE Dr Adrian Saville discusses the IMF’s R70.6 billion loan to help South Africa fight Covid-19 read more
The coronavirus pandemic, much like Black Monday in 1987 and the Global Financial Crisis in 2008, has presented a number of opportunities to buy stocks at seemingly “bargain” prices. But even if a stock seems like a steal, the infamous case of Hertz demonstrates the...
A sharp fall in the rate of consumer price inflation has defanged what was initially paraded as “aggressive” monetary policy action intended to stimulate the floundering economy. Given a muted inflation outlook, and the depressed economic setting, the question is not...
MSCI All World Index constituents could see a 70% decline in earnings in 2020, while JSE-listed firms are expected to report a 30% decline in earnings. read more
We need to reshape our societies around these mega shifts to ensure we create a more inclusive tomorrow. read more
Though exclusion and inequality are entrenched and endemic, the coronavirus outbreak and lockdowns have laid bare social and economic issues world leaders cannot simply keep papering over. However, the transformation of our unequal societies is just one aspect of the...
It is easy to become pessimistic in the face of the very real challenges. But history teaches us that periods of disruption and uncertainty go hand-in-hand with innovation. read more
CIO Samantha Steyn and Investment Analyst Yanga Nozibele explore the highs and lows of Microsoft and Nestle investors read more
CIO Samantha Steyn talks investing in businesses as opposed to buying stocks as a strategy, citing Microsoft and Nestlé as examples. Cannon Asset Managers · Buy businesses, not stocks
“We have run out of money. We must make hard decisions, now! We are in an exceptionally hard place” - CE Dr Adrian Saville listen up
Finance Minister Tito Mboweni presented National Treasury’s Supplementary Budget to Parliament on Wednesday 24 June. The key takeaway from his speech was urgency: that the decisions taken today will determine whether we take a hard – and probably slow – road to...