MAY 2022 | MARKET & PORTFOLIO COMMENTARY

MAY 2022 | MARKET & PORTFOLIO COMMENTARY

It was another rollercoaster month for risk asset investors. Although most global equity indices ended the month only slightly positive, it felt a lot worse. There was no real “winner” when you look at the figures, with the S&P500 returning 0.13%, the ACWI ex-USA...
RUSSIA-UKRAINE ANALYSIS

RUSSIA-UKRAINE ANALYSIS

Words don’t come easy when we look back on all the lives lost due to the COVID-19 pandemic over the past two years and now we watch in dismay as the war in the Ukraine unfolds. We have received questions from our advisors and their clients about the impact of the...
CLOSING OUT 2021…SETTING THE SCENE FOR 2022

CLOSING OUT 2021…SETTING THE SCENE FOR 2022

Download the 2021 Dashboard here 2021 has been an interesting year for many reasons. Coming hot off the back of 2020 (arguably one the most miserable years in recent history), you would be forgiven if you anchored expectations to the past and came through the year...
DECEMBER 2021 | SA MARKET & PORTFOLIO COMMENTARY

DECEMBER 2021 | SA MARKET & PORTFOLIO COMMENTARY

The final quarter concluded a calendar year in which most investors in funds with longer-term investment horizons saw their savings increase by double-digit nominal returns, resulting in above-average real returns. The US equity market continued to appreciate...
DECEMBER 2021 | SA MARKET & PORTFOLIO COMMENTARY

NOVEMBER 2021 I SA MARKET & PORTFOLIO COMMENTARY

The end of November showed renewed angst in the market as the Omicron variant of the COVID-19 virus reared its menacing head. Volatility spiked as many countries reacted too hastily in a knee-jerk effort to avoid a catastrophe and South Africa bore the brunt of it. We...