What’s to come for the South African Rand over the next 12 months? Please join us as Sanlam Private Wealth South Africa’s ‘senior investment analyst, David Lerche gives his views.
DATE: Thursday, 16 July 2020 | TIME: 10H00 (South Africa) / 12H00 (Mauritius) | REGISTRATION: online

Sanlam UK, part of the international financial services group Sanlam Ltd, last night scooped the High Growth Portfolio Performance award for its Sanlam Global Equity capability at the annual Private Asset Management (PAM) awards.

Pressure is building on central banks to lower interest rates and help the global economy stave off the threat of recession. The European Central Bank (ECB) failed to deliver a rate cut in July, but the US Federal Reserve (Fed), after much talk, finally ‘walked the walk’ on the last day of the month and reduced interest rates for the first time since 2008.

Like many developing countries, the South African government relies on funding to build and maintain the infrastructure of the country. To enjoy continued access to loans (in the form of government bonds) at affordable interest rates, it’s important that we keep our credit rating healthy.

Today, the Sanlam Real Assets Fund reaches its first birthday.

Managed by Mike Pinggera and his team, the Fund was launched in response to demand from existing investors for increased exposure to real assets; a key component of the award winning Sanlam Multi-Strategy Fund since its launch in 2013.

Towards the end of last month, we took another step closer to a ‘no deal’ Brexit with the approval of a suspended parliament in September. While critics declared it a ‘constitutional outrage’, it was the latest twist in what has been an extraordinary political saga. As several risk factors converge (Brexit, US-China trade war, the threat of recession and inflation concerns), the outlook for the remainder of 2019 is unquestionably opaque. But to what extent should investors worry? Here we discuss the risks at large, and why they are not necessarily to be feared.