NEWS AND
EVENTS
Keeping you up-to-date with our latest happenings
The importance of careful stock-picking
Equity prices have recovered from the lows in March – a remarkable comeback amid so much uncertainty. But high valuations mean less opportunity for future returns and more risk for investors, so where do we go from here?
Read MoreValue returns, Cummings goes
This week has heralded a significant change in tone for markets. After months of outperformance by tech stocks such as Amazon, Apple and Microsoft, the
tides changed this week and many investors found themselves wrong-footed by the switch in sentiment. With Pfizer’s vaccine news providing a glimmer of
hope for a return to normality, cyclical stocks in industries such as travel, banking and hospitality staged a significant rally.
The grab for yield
The stratification between the real economy and the stock market continued this week as the Dow Jones Industrial Average, an index of thirty large US companies, reached a record high of 30,000 points. Donald Trump was quick to laud the stock market’s performance as being the result of his economic genius, a welcome break from claiming election fraud, no doubt.
Read MoreLifting the lid
The decision to reinstate a two-week quarantine on travellers returning to the UK from Spain was made this week as the infection rate in the region is running at three times the rate in the UK. As next week sees the start of discounted eating out throughout the country, it appears that holiday goers to the Canary Islands can also snap up the bargain of four weeks of holiday for the price of two! Or at least we think that’s how it works
Read MoreThe magnificent Chinese recovery
The irony will not be lost on many. If China’s recent forecasts are anything to go by, it looks set to become the only economy in the world to see positive economic growth in 2020. But how did the Chinese recover so quickly from the Covid-19 crisis, and what does it mean for investors?
Read MoreEquities: Looking through the cycle
The world is a rather unpredictable place at the moment. While equity markets are up by a whopping 40% since the March 2020 lows, the outlook for the global economy remains uncertain. All major economies except China are expected to contract by more than 5% this year.
Read MoreCOMMENTARY
We bring you current commentaries to unpack areas of interest in the financial sector
Sanlam Multi Strategy Fund and Sanlam Real Assets Fund update (October 2019)