We recently published the 10th edition of our annual Long-Term Perspectives. In this publication our investment professionals discuss key themes which they’ve identified by tracking investment market performance for over 90 years. In this newsletter, we share key insights from this publication, to enable you to help your clients make the right decisions to grow their wealth in the years and decades to come.
Our flagship Old Mutual Global Equity Fund is a top-quartile performer over all long-term investment periods over 5 years. The majority of our multi-asset funds managed by Old Mutual Investment Group is showing top quartile performance over the 3-year period. The Aggressive Balanced Fund of Funds and Maximum Return Fund of Funds managed my Old Mutual Multi-Managers are also top quartile over the 3-year period.
We have been publishing Long-Term Perspectives annually for the past 10 years. This year our focus is on the major macroeconomic drivers of investment returns, such as currency and inflation The aim of this publication is to draw investors’ attention to the long-term patterns in asset behaviour and, in so doing, put shorter-term volatility into perspective. These patterns culminate in eight informative lessons that we believe empower the long-term investor.
We are excited to launch our Long-Term Perspectives video series. Our Long-Term Perspectives publication has analysed investment data for over 90 years and identified long-term investment lessons. In this video series, we bring these lessons to life through videos narrated by our investment professionals.
Analysing long-term data is crucial to our investment process and it also teaches us some profound lessons. These 8 Long-Term Investment Lessons are based on investment principles which clients can implement to make investing easier and less daunting.
In his quarter one 2023 market update, Siboniso Nxumalo, Chief Investment Officer, talks about two themes: a desynchronised world and South African cycle slow, as he puts our fund performance in perspective. At this moment, we're seeing a high risk of a US recession, and China reopening. While remaining optimistic about South Africa, we're seeing a slowdown cycle.
With the rand trading at all-time lows against the dollar, investors are again asking what this says about the state of South Africa, and how we should think about the currency in managing portfolios.
Despite its acknowledged shortcomings, BEE plays a vital role in South Africa's economic transformation and in addressing intergenerational inequality. However, to ensure sustainable economic growth, another component is needed, and that is where ESG comes into play.
