Justin Adam Brown

Johannesburg

Deputy Editor at Citywire

Articles

Old Mutual appoints Jurie Strydom as CEO designate

5 days ago | citywire.com | Justin Adam Brown

Financial services group Old Mutual appointed Jurie Strydom as its new chief executive. The 49-year-old, who serves as an independent non-executive director on the board – a position he has held since December 2023 – will assume the role in June. Commenting on the hire, Old Mutual chair Trevor Manuel said: ‘Jurie is a proven leader with outstanding experience in building and leading diverse teams at large and complex insurance and financial services companies.’ Already have an account?
Sanlam Corporate hires new managing executive

6 days ago | citywire.com | Justin Adam Brown

Sanlam Corporate has announced that John Anderson (pictured above) will join the firm as its new managing executive for Sanlam Corporate Investments, effective 1 August 2025. Anderson resigned from Alexforbes from 1 May and is on gardening leave for three months, Alexforbes spokesperson Consi Kalamaras said. ‘John has over 24 years of experience in employee benefits and asset management.
Anchor: SA’s 2026 municipal elections to increase GNU stress

6 days ago | citywire.com | Justin Adam Brown

Anchor Capital believes the South African 2026 municipal elections and the battle for votes will increase the stress within an already tense Government of National Unity (GNU). ‘The risk of political gridlock is high, and the looming 2026 municipal elections where coalition members will compete against one another – could further destabilise governance,’ Anchor wrote in its report about strategy and asset allocation for the second quarter of 2025.
PM explains how investors should respond to a ‘radically uncertain time’

1 week ago | citywire.com | Justin Adam Brown

For Liam Dawson, the question is not whether the investment world is going through a challenging time or not, but what that means for the global economy. At a Boutique Collective Investments webinar, the PortfolioMetrix portfolio manager said the ongoing US-China trade war will not produce any winners; instead, the low business confidence will push growth down and inflation will be higher. And, amid all the turmoil, the US Federal Reserve would face a tough choice.
Balondolozi is set to launch global equity portal alpha fund

3 weeks ago | citywire.com | Justin Adam Brown

Balondolozi Investment Services expects to launch its Balondolozi BCI Global Equity fund this month once the boutique has received the portfolio’s first inflow of seed money. Balondolozi chief investment officer Fannuel Tigere (pictured above) will co-manage the fund with portfolio manager Karabo Matsepe. The boutique manages assets in excess of R15bn. Citywire A-rated Tigere said that Balondolozi had received all the necessary regulatory approvals for the fund to operate.
‘GNU is looking more likely to break apart’

4 weeks 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.
Video: ETF fee compression remains a dominant narrative

1 month 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.
Anchor: Investors can ‘buy with impunity’ if S&P 500 drops below 4,500

1 month 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?
Mike Estment: A journey built on culture, connection and succession

1 month 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.
Centaur: Banking on domestic bonds, AI for future returns

1 month 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.