MoneyMarketing

Industry News

27 Jun 2016

Brexit Fallout: Investors urged not to panic

Uncertainty in markets is rife following the decision by British voters to leave the European Union. Investors are urged not to make rash decisions at this time, but to ensure that they are sufficiently diversified ahead of likely volatility.
24 Jun 2016

Britain files for divorce from EU

Brexit is a victory for uncertainty across international financial markets and the volatility is only just beginning, warns the boss of one of the world’s largest independent financial advisory organisations.
23 Jun 2016

“Zuma, free the economy so that it can prosper” – Solidarity

Trade union Solidarity said today that poor policy working against economic freedom is a major reason for the poor state of the South African economy. This followed after President Jacob Zuma pleaded with trade union federations during a meeting this week to cooperate in an effort to resolve South Africa’s economic problems.
23 Jun 2016

Financial markets have priced in ‘Remain’ – but what if they are wrong?

Financial markets appear to have already priced in a ‘remain’ outcome in the Brexit vote – but this leaves lots of potential downside if they are wrong, warns Nigel Green, founder and CEO of deVere Group.
23 Jun 2016

Don’t lock in permanent losses

Reading the title of this piece, the discomfort sets in immediately. We don’t like thinking of losses, never mind permanent ones. And we don’t need a behavioural expert to tell us that when it comes to investing, we feel the pain of losses (or even just declining markets) much more intensely than the satisfaction of positive...
23 Jun 2016

Brexit and the South African economy

“If the United Kingdom opts in favour of a Brexit in its referendum on June 23, it will generate a significant additional period of uncertainty for the SA economy,” say Professor Raymond Parsons, of the NWU School of Business and Governance and Professor Wilma Viviers, WTO Chair and Director of the TRADE research entity at...
22 Jun 2016

Slower inflation trajectory likely to provide SARB MPC with justification to keep rates on hold

Jason Muscat, FNB Senior Industry Analyst, comment’s on today’s CPI data. May inflation slowed modestly to 6.1% y/y from 6.2%. This was a pleasant surprise as most forecasts were for a mild acceleration. The below consensus print was largely due to an earlier than expected deceleration in food inflation, although this is likely to be...
21 Jun 2016

MitonOptimal to acquire Coram Asset Management in the UK

MitonOptimal International, the Guernsey-headquartered discretionary fund management company, is to acquire Coram Asset Management Limited.
21 Jun 2016

IAM announces appointment of Iain Cunningham to multi-asset team in London

Investec Asset Management is pleased to announce the appointment of Iain Cunningham as a Portfolio Manager in its established multi-asset team. Iain brings an extensive track record dedicated to multi-asset investment, most recently at Schroder Investment Management.
21 Jun 2016

Client centricity at heart of new Guardrisk model

On 1 July 2016, Guardrisk introduces a new client centric operating model, in order to harness its resources more effectively and serve clients better. That’s according to Herman Schoeman, current MD of Guardrisk.

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