News

Head of multi-strategy at Sanlam Mike Pinggera speaks to Mike Sheen about how the firm’s multi-asset portfolios and Real Assets fund have held up during the ongoing coronavirus pandemic, and how our
working lives might change when the crisis subsides.

The question of whether the market contraction offers a great entry point into equities depends on one’s view of the economic impact that Covid-19 will have and whether any of that impact will be permanent

If there is one thing equity markets are good at, it’s being able to see beyond the here and now. Which explains why markets crashed well before cases of Covid-19 had peaked in Europe and the US. Investors extrapolated what could happen, but were unable to assess the impact, hence the panic and subsequent sell-off. Now markets are calmer as they look beyond the immediate impact of Covid-19 and can model the likely range of outcomes.

On May 07, 2020, the European Commission announced the adoption of a new list of third countries which, according to the Commission, had strategic deficiencies in their anti-money laundering and counter terrorism financing (AML-CFT) regimes.

Pieter Fourie and the Global High Quality Team have cemented their successful run with a “top performer” accolade at the prestigious Investors Choice awards 2020. Many congratulations to be bestowed upon this team which was judged under the UCITS Equity Fund – Long Term Performance category.

A new Coronavirus outbreak in Beijing has worried markets this week as the number of cases in the new cluster reaches 158 as of Thursday morning. This outbreak is despite the continuation of the ban on foreign travel to China and extensive contact tracing measures. After two months of loosening lockdown measures, the city has reimposed them to prevent a second wave of infections,

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.

The world has been coming to terms with the implications of the coronavirus for some weeks now, but it was only towards the end of last month that we experienced the level of volatility we would expect in equity markets given a crisis of this scale.

In the midst of what has been an extraordinary period of market volatility, please see below a video update from our Chief Investment Officer, Phil Smeaton, in which he discusses what has happened in global investment markets of late, what it means for us as investors and why now is a bad time to panic.