Investments

Wall Street: When David Challenged Goliath

If the chatter about GME, AMC or r\WSb* look like an Alphabet soup to you, I wouldn’t blame you. Discord isn’t the word of the year for 2020 but rather a free messaging service with chatrooms.

Democratising offshore Investing - Cinnabar launches new Global Balanced Feeder Fund

Cinnabar Investment Management has launched a new fund, the Cinnabar SCI Global Balanced Feeder Fund. Windall Bekker, Global Head of Distribution and Director at Cinnabar Investment Management, says the new feeder fund aims to make it convenient and straightforward for any South African to benefit from diversifying his or her investment portfolio offshore.

The big picture on SA’s debt

Fixed income managers entered 2021 with plenty of attractive yield on the table; but there are growing concerns about the risk attaching to these yields. Peter Kent, Co-Head of SA & Africa Fixed Income at Ninety One, used the asset manager’s 2021 Insights presentation to reflect on various challenges to the domestic economy including government’s obsession with governance rather than growth, and the looming fiscal crisis. He observed that the US Federal Reserve’s ongoing response to the global pandemic would have a significant impact on both emerging and developed market asset prices. This is evidenced by the ‘breather’ enjoyed by emerging markets on the back of dollar weakness, in turn caused by record quantitative easing (QE) through 2020.

Economies at a glance and summary of indices - January 2021