Investments

Making sense from nonsense. How to navigate your discretionary investments post pandemic

One of my favourite investment quotes is by renowned economist, John Maynard Keynes, who observed that “markets can stay irrational longer than you [or I] can stay solvent”. Those seeking experience to support his statement should try their hands at trading shares in today’s turbulent and volatile offshore markets. Shares on the US S& P500 index followed record losses in March 2020 with its fastest single-month recovery since 1987, up 13,2% over April 2020, despite shocking job losses and weak economic data. All three major US share indices have ignored economic fundamentals to trade back to near record levels.

Significant downside risk remains in volatile equity markets

Despite the recovery in share prices globally and in South Africa following the sharp sell-off in March, it is evident that significant downside risk remains due to muted consumer demand, distressed companies, and consensus of a global recession amidst no clear timeline for a return to normality.

Young activists remind investors that today's actions will determine our tomorrow

Chinese equities – are investors ignoring a tasty free lunch?

Chinese equity indices have recently outperformed global markets. In addition, Chinese investment managers have continued to outperform their benchmarks during these turbulent markets.