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1 week ago | 
citywire.com | RUAN JOOSTE |Justin Adam Brown |Johann Peens |Jaco Visser
All Weather Capital deputy chief investment officer (CIO) Sanelisiwe Tofile believes South Africa’s Government of National Unity (GNU) looks more likely than ever to break apart.
‘The African National Congress [ANC] and Democratic Alliance [DA] had good intentions for this GNU,’ he said.
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1 week ago | 
citywire.com | Jaco Visser |Ian Heath |RUAN JOOSTE |Simon Evan-Cook
BlackRock has overhauled its Global Emerging Markets (GEM) division and split it into two distinct teams, Citywire Selector has learned.
The changes include the recruitment of two senior investors in Asia and the repositioning of certain portfolio managers, team leaders and strategies.
The resulting structure will create an EM & Asia Core Team in Hong Kong and an EM & Frontiers Team based in London, with the division remaining under the overall leadership of emerging markets CIO Belinda Boa.
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1 week ago | 
citywire.com | RUAN JOOSTE |Jaco Visser |Angus Foote |Nour Azhar
Rob Oellermann has been managing the Thornbridge Global Opportunities fund since Laurium Capital took over the mandate from Ranmore Fund Management in 2022. While the fund has existed since 2004, it has delivered strong performance under Laurium’s stewardship, thanks to a quality-driven, unconstrained global equity strategy that doesn’t mimic the benchmark.
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1 week ago | 
citywire.com | RUAN JOOSTE |Jaco Visser |Angus Foote |Nour Azhar
It’s been a bumpy ride for domestic unit trusts amid global trade wars and domestic uncertainty about the longevity of the coalition government.
But Citywire South Africa can reveal that more than two-fifths (41%) of these classes are still up in the green. Using Morningstar data and excluding outliers, the year-to-date return distribution of balanced fund classes has been tracked in a histogram.
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1 week ago | 
citywire.com | Jaco Visser |RUAN JOOSTE |Angus Foote |Nour Azhar
Rob Oellermann has been managing the Thornbridge Global Opportunities fund since Laurium Capital took over the mandate from Ranmore Fund Management in 2022. While the fund has existed since 2004, it has delivered strong performance under Laurium’s stewardship, thanks to a quality-driven, unconstrained global equity strategy that doesn’t mimic the benchmark.
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1 week ago | 
citywire.com | Justin Adam Brown |Angus Foote |Nour Azhar |Jaco Visser
LONDON: Fee compression remains a dominant narrative in the ETF industry with companies vying to maintain and attract investors. WisdomTree recently slashed fees of its existing $880m (£682m) bitcoin ETP to mirror BlackRock’s introductory pricing of its new bitcoin ETP – a move widely interpreted as a defensive manoeuvre to protect their market share.
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1 week ago | 
citywire.com | Justin Adam Brown |Jaco Visser |RUAN JOOSTE |Simon Evan-Cook
From a valuation perspective, Anchor Capital believes investors could ‘buy with impunity’ if market turmoil knocks the S&P 500 index below 4,500 points.
During a webinar, Anchor chief executive and co-chief investment officer (CIO) Peter Armitage said that if the S&P 500 fell below 5,000, Anchor would buy ‘selective’ shares.
‘You can easily see the market up or down 10% over the course of the next few weeks,’ he added. Already have an account?
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1 week ago | 
citywire.com | Jaco Visser |Eleanor Becker |Justin Adam Brown |RUAN JOOSTE
Mike Estment, NFB’s remaining founder, spoke to Citywire South Africa earlier this month, sharing insights into what has made the group a success and offering advice to aspiring independent financial advisers (IFAs).
The self-confessed storyteller is proud of his humble beginnings as the son of a Port Elizabeth (now Gqeberha) fire chief. He credits much of his success to his upbringing and education at Grey High School, as well as his experience serving as a naval officer during national service.
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1 week ago | 
citywire.com | Jaco Visser |Justin Adam Brown |RUAN JOOSTE |Simon Evan-Cook
In the middle of global volatility in markets due to US President Donald Trump’s tariff flip-flops, one positive has reared its head for South Africa: lower inflation.
For investors, a lower inflation outlook will amplify the real returns they achieve on their government bonds. Domestic political uncertainty is placing something of a floor below government bond yields.
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2 weeks ago | 
citywire.com | Ruan Jooste |Jaco Visser |Justin Adam Brown |Gareth Stobie
US investors awoke to a pandemic-like selloff in government treasuries as US President Donald Trump unilaterally implemented trade tariffs on imports into the world’s largest economy.
The yield on 10-year US Treasuries spiked as high as 4.51% in US after-hours trading as the base trade kept unwinding, according to the Financial Times.
The base trade refers to investors exploiting price inefficiencies between Treasury futures and the underlying deliverable cash bonds.
