It’s dangerous to only rely on yield as the basis for comparison. Money market funds offer a useful parking bay for investors’ cash allocations, allowing you to earn better returns than bank rates with good liquidity. But when it comes to picking money market funds, investors tend to focus on one metric only: yield. By implication, this oversimplistic comparison assumes that...
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...
Looking back at the impressive track records of global leaders such as Microsoft and Nestlé, it’s tempting to daydream of travelling through time just to get in at the ground floor and share in the spoils of their meteoric rises. But a closer examination of each of...
“This list bears eerie similarity to the features that characterised the Great Depression of the 1930s” - CE Dr Adrian Saville read more