2022 SECOND QUARTER SUMMARY

LOCAL MARKETS IN A NUTSHELL The South African stock market fell sharply during the quarter as global recessionary fears have accelerated. The JSE All Share Total Return Index fell 11.69%, led once again by financials and resources stocks. On a year-to-date basis (01/01/2022 – 30/06/2022) the local stock market is still one of the better…

Read More

2022 FIRST QUARTER SUMMARY

LOCAL MARKETS IN A NUTSHELL The South African stock market was up during the quarter despite the global events which have transpired. The JSE All Share Total Return Index gained 3.84% led by financials and resources stocks. Surprisingly, the local market was one of the better performing markets during the quarter. Chart: Performance of the…

Read More

2021 FOURTH QUARTER SUMMARY

LOCAL MARKETS IN A NUTSHELL The South African stock market soared to new highs during the quarter. The JSE All Share Total Return Index gained 15.13% led by the resources sector. The phenomenal return of 29.2% for the 2021 calendar year, was the highest return since 2009. Chart: Performance of the FTSE/JSE All Share Index…

Read More

2021 THIRD QUARTER SUMMARY

LOCAL MARKETS IN A NUTSHELL The South African stock market was down marginally over the quarter led predominantly by resource stocks. The JSE All Share Total Return Index fell 0.84% over the quarter. Chart: Performance of the FTSE/JSE All Share Index over the past ten years (2011/10/01 – 2021/09/30)   Source: Trading economics The third…

Read More

2021 SECOND QUARTER SUMMARY

LOCAL MARKETS IN A NUTSHELL The South African stock market was down marginally over the quarter led predominantly by resource stocks. The JSE All Share Total Return Index fell 1.07% over the quarter. Chart: Performance of the FTSE/JSE All Share Index over the past ten years (2010/04/01 – 2021/06/31) Source: Trading economics The second quarter…

Read More

2021 FIRST QUARTER SUMMARY

LOCAL MARKETS IN A NUTSHELL The South African stock market was up over the quarter led predominantly by resource stocks. The JSE All Share Total Return Index gained 13.14% over the quarter. Chart: Performance of the FTSE/JSE All Share Index over the past ten years (2010/01/01 – 2021/03/31)Source: Trading economics The first quarter saw continued…

Read More

2020 FOURTH QUARTER SUMMARY

LOCAL MARKETS IN A NUTSHELL The South African stock market was up over the quarter led predominantly by resource stocks. The JSE All Share Total Return Index gained 9.39% over the quarter. Chart: Performance of the FTSE/JSE All Share Index over the past ten years (2009/10/01 – 2020/12/31) Source: Trading economics The fourth quarter saw…

Read More

2020-11-12 Moneyweb Readers Question

I have a living annuity in South Africa. As a hedge against financial uncertainty in SA, I want to withdraw the maximum allowed annually and reinvest the monies in offshore portfolios. In summary: draw 17.5% from my Investec living annuity, retain 5% for my needs, and invest the remaining 12.5% offshore. In theory, is this…

Read More

Improving pension fund outcomes – A case for hedge funds

  What is regulation 28?   “You may have seen that asset managers classify some of their multi-asset unit trust funds as being Regulation 28 compliant. This is an important distinction for investors who are saving towards retirement and want to ensure that their investment is not overly risky. Regulation 28 is part of the…

Read More

API Third Quarter Summary 2020

LOCAL MARKETS IN A NUTSHELL The South African stock market was up over the quarter led predominantly by resource stocks. The JSE All Share Total Return Index gained 1.75% over the quarter. Chart: Performance of the FTSE/JSE All Share Index over the past ten years (2009/07/01 – 2020/09/30) Source: Trading economics The third quarter of…

Read More