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We would like to announce role transitions in the Investment team at M&G Investments Southern Africa (M&G SA), with our Chief Investment Officer (CIO) David Knee assuming a role at M&G Investments UK and several senior team members being promoted within the South African business.
Against the backdrop of being bombarded with negative news headlines on the local front, South African investors may be discouraged about finding promising investment opportunities in local equity.
The markets entered the fourth quarter with renewed optimism, rewriting the higher-for-longer interest rate narrative and buoyed by a positive earnings season in the US.
Today, STANLIB is launching the STANLIB Khanyisa Energy Transition Fund. The objective of the fund is to mobilise much needed capital from long-term investors to help finance South Africa’s energy transition needs, extending into the rest of the continent in future.
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