News
Sanlam inks fourth M&A deal of the year
Sanlam UK has acquired a 55% stake in Cheshire-based IFA firm Avidus Scott Lang (ASL), marking its fourth M&A deal of the year.
The financial terms of the deal were not disclosed. The deal doubles Sanlam’s footprint in the north of England to six offices.
ASL founders Dean Scott and Jimmy Lang will move to Sanlam UK, along with its 12 financial advisers and support staff.
Why now is not the time to change your investment strategy
According to reports, investors have withdrawn 3% of their equity investments so far this year, which is twice the amount withdrawn at the height of the 2008 financial crisis. When negative sentiment is abundant and investment risks are at large, the temptation is to cut and run for the shelter of ‘safer’ assets. But by the time these risks hit the headlines, markets have already adjusted, and to make significant investment changes only serves to lock in losses rather than avoid them.
Read MoreThe quality versus value debate
An impeachment enquiry has formally begun in the US, with President Trump accused of seeking foreign help to smear the reputation of Democratic candidate Joe Biden. The controversy revolves around a phone call whereby Trump is heard trying to convince Ukrainian president Volodymyr Zelensky to investigate claims of corruption involving Joe Biden’s son.
Read MoreOvercoming a slowing global economy
With the threat of a global recession hanging over equity markets, and many bond yields in negative territory, we find ourselves faced with something of a conundrum. While we want to shelter portfolios from potential volatility, safer assets are offering very low returns and are at risk should inflation begin to rise.
Read MoreSouth Africa’s Sanlam Takes Over Soras Insurance Company
Sanlam has officially taken over 100% of Rwanda’s insurance company (Soras) making Rwanda the 40th country in its global expansion drive.
The full merge was announced this Wednesday in Kigali by both officials of Soras and Sanlam following Sanlam’s entry into Rwanda in 2014,
6 trends that will define the new decade
An investor’s journey has always been one of facing the unknown in the quest for sufficient reward in return for taking on risk – primarily defined as uncertainty. And increasingly, clarity about the future is becoming rare. As we prepare to enter the next decade we turn to trends that are already visible to understand where our ultimate direction and focus should lie.
Read MoreAn optimistic end to the year 2019
Having spent much of 2019 worrying about the very real possibility of a global recession, investors are heading into the holiday period feeling slightly more relaxed about the outlook for next year. Interest rate cuts by the Federal Reserve, and an easing of monetary policy around the world, appear to have seen off a full-blown recession in favour of a more palatable slowdown in growth.
Read MoreInvestors seduced by equity returns
This time last year it was hard to escape the prospect of a global recession. Twelve months later and we are looking forward to a recovery in global economic growth, thanks to progress in finding a US-China trade compromise, and the likelihood that President Trump will be economically supportive leading up to the presidential election in November.
Read MorePieter Fourie awarded Alpha Manager rating for a second year in a row
Congratulations to Pieter Fourie, Head of Global Equities, for picking up an FE fundinfo Alpha Manager rating for a second year in a row.
Read MoreShort-Term Noise, Long-Term Investing
In the wake of last Monday’s mass movement in global markets, prices have continued to plummet in response to the further announcement of Coronavirus-related news.
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