Dear Clients, Firstly, I must send thoughts and prayers to those who have lost loved ones and livelihoods in the wake of the recent protests. I am not writing this as an expert, but rather as a committed optimist. For the story of humanity, is a story of optimism… While writing this, I am listening…
Dear Clients, Firstly, I must send thoughts and prayers to those who have lost loved ones and livelihoods in the wake of the recent protests. I am not writing this as an expert, but rather as a committed optimist. For the story of humanity, is a story of optimism… While writing this, I am listening…
Respecting and protecting your Personal Information (please refer to the definition of Personal Information at the end of this policy statement) is very important to us. It is also a Constitutional right, legal, and good business practice requirement, which we take very seriously. In line with the 8 Conditions in the Protection of Personal Information…
This is a story about what the frenzy of crowds can do when sufficiently organized and have little to lose. In January 2021, GameStop shares soared almost 2500%, or 25x your initial investment. Share prices rarely make headline news, but this time was different. The apparent driver being a group of trash-talking, meme busting millennials…
Who would have thought that 2020 would be a strong year for investors? In the depths of the COVID panic the term ‘depression’ was bandied about by many, a reset of the financial system in its entirety. Sentiment in our country was at its lowest as businesses shut and jobs were lost, with our government…
Dear Client, While we are fully aware that 2020 has been a year of real challenge and struggle for many, I am writing this letter to celebrate the positives and there have truly been many. Allow me to take you on a brief journey from macro to micro; from Covid and Capitalism, to the Financial…
South African businesses have a strong history of successfully expanding their operations offshore and becoming well renowned global businesses. This has been done to access growth opportunities in offshore markets and to diversify away from a lower growth and higher risk domestic environment. While some companies have achieved success in their offshore pursuits, there are…
For many investors keeping track of their portfolios is an anxious pursuit. Markets seem to behave in a non-sensical way at times, with any manner of factors causing anguish. Inflation expectations, GDP growth, sentiment, the oil price, central bank policy, debt levels, company mergers and acquisitions, cases of fraud and market disruption. These are all…
There has been a lot of fear mongering by the media and by those with agendas around the matter of policy reforms regarding Retirement Funds. Below we are sharing an article and response from Allan Gray’s team which provide a lot of clarity. Will prescribed assets be used as a policy tool? Sandy McGregor, Allan…
An interesting trend has emerged out of the depths of the current crisis: Gold has made a stunning comeback. Recently it surpassed $2000 for the first time in history[1] after languishing for much of the past decade. Right now, gold is the consensus trade in portfolios. This trend goes hand in hand with another phrase…
Dear Clients, In this newsletter, we will describe 4 common scenarios where having life cover is important and how best to structure it. Death can be an expensive affair and in this regard, here are few very important tax and legal fee considerations: Estate Duty The first R3,5 million of your net estate is free…
