Fundamentals April 201929 April 2019

      The April 2019 edition of Fundamentals, our thought leadership newsletter, is now available.

      Download The Full Publication: Fundamentals April 2019 (PDF | 1.9 MB)

      In this edition:

      SLOWING GLOBAL GROWTH SEES CENTRAL BANKS SLIDE BACK INTO EASY MONETARY POLICY - JOHANN ELS

      The US interest rate freeze and its about-turn on the reversal of QE will be good for emerging markets.

      Download: Slowing Global Growth sees central banks slide back into easy monetary policy - Johann Els (PDF | 189 KB)

      MINING OUTPERFORMS DESPITE SLOWING GLOBAL GROWTH - IAN WOODLEY

      Slowing growth is usually bad news for miners, yet share prices continue to rise. There is obviously something else going on here.

      Download: Mining outperforms despite slowing global growth - Ian Woodley (PDF | 651 KB)

      THE PRIVATE SECTOR’S ROLE IN SA’S EDUCATION CHALLENGES - ZOM CHIZURA

      Given the country’s financial constraints, there are many opportunities to provide affordable, quality education within the independent school sector.

      Download: The private sector's role in SA's education challenges - Zom Chizura (PDF | 120 KB)

      GLOBAL BONDS SIGNAL INVESTOR CONCERNS - FUTUREGROWTH INTEREST RATE TEAM

      The uncertain growth outlook could keep global yields trapped at the lower levels for a while.

      Download: Global bonds signal investor concerns - Futuregrowth Team (PDF | 259 KB)

      SEARCHING FOR ALPHA THROUGH ESG - WALEED HENDRICKS

      Research shows companies with sustainable business models will likely have stronger growth prospects, which is why we’re including ESG factors into our risk screening processes.

      Download: Searching for alpha through ESG - Waleed Hendricks (PDF | 221 KB)

      BUILDING INFORMED SOLUTIONS - GRAHAM TUCKER

      In scrutinising the performance and behaviour of asset classes over time, we identified valuable lessons to help build a resilient investment plan.

      Download: Building informed solutions - Graham Tucker (PDF | 289 KB)

      LONG-TERM PERSPECTIVES 2019

      The lessons discussed in Graham’s article are taken from our LONG-TERM PERSPECTIVES yearbook, which explores the behaviour of asset classes over the past 89 years and more.

      READ MORE: Long-term Perspectives 2019