This recession, do not be afraid
11 August 2022
South Africa’s financial and wealth advisers and financial planners are being encouraged to replace their fears about current market uncertainty with optimism for long-term equity return prospects. One of South Africa’s largest asset managers argues that plenty of opportunities will present as today’s market distortions unwind. “The benefit of being in the market for a long time is that you experience periods of significant fear and pessimism and learn to identify the opportunities that such periods create,” said Shaun le Roux, portfolio manager at PSG Asset Management, who has managed the PSG Equity Fund for more than 20-years