MoneyMarketing

Industry News

02 Jul 2015

We’re all poorer now

Even the rich are poorer now.  This came to light when the Sunday Times reported last weekend that cash strapped parents were pulling their children out of top schools like Hilton College in KZN and St Mary’s in Waverley, Johannesburg. The fact that Orlando and Camilla can no longer attend upper middle-class places of learning...
01 Jul 2015

US Fed: data-dependant or data-sceptical?

Hike only in December? Despite strong US economic data since they last met, the US Federal Reserve’s (Fed) Open Market Committee (FOMC) struck a rather cautious tone in its media conference this week.  As a result, market expectations are now pointing to the first hike only in December.
30 Jun 2015

Morningstar: South Africa Scores C Grade

Morningstar Research recently released its biannual Global Fund Investor Experience report, which assesses the experiences of mutual fund investors in 25 countries across North America, Europe, Asia, and Africa. South Africa scored a grade of C in the report. Morningstar researchers identified Korea and the United States as the most investor-friendly markets and China the...
17 Jun 2015

What are the growing numbers of SA high net worth individuals doing right?

The number of new millionaires in Africa is steadily growing, with more than 160 000 individuals holding around US$660 billion in personal wealth at the end of 2014, according to the New World Wealth Africa Wealth Report for 2015. More impressively, the report points to Africa having the fastest growing high net worth (HNW) individual market...
15 Jun 2015

In the upcoming issues of Money Marketing

In our July and August issues we take a look at investing for income and growth, hedge funds, critical illness and the short-term insurance industry. For more information click here.
26 May 2015

Public sector wage agreement: an encouraging development

The South African government’s recently concluded three-year wage agreement with the public sector unions is an encouraging step towards improving the country’s current tepid potential growth. The agreement comprised a consumer price inflation (CPI) plus 2% (7% nominal) increase in 2015, followed by increases of CPI plus 1% in each of 2016 and 2017.  There...
25 May 2015

Don’t dismiss a business that owns zip

Uber, the on-demand transport business, is now the world’s most valuable travel start-up, valued at more than $40 billion. In fact, it has the potential to become the most highly valued private company in the world. All of this with no fleet of its own.
23 Apr 2015

Can Molefe save Eskom?

Given that state-owned power utility Eskom’s woes continue to weigh heavily on the country’s economy, most analysts view the appointment of Brian Molefe as acting CEO of the parastatal in a very positive light.  Molefe, after all, has been successful in turning around Transnet – another parastatal.
16 Apr 2015

IMF wants tighter regulation of the asset management industry

Today we’re privileged to have award winning economist Colen Garrow as our guest newsletter writer. Colen has a BCom (Hons) in Economics. He started a career in banking with Barclays Bank in 1983. He joined Brait, a JSE listed private equity company in 2001. Since his exit from Brait, Colen started Meganomics, a platform being...
09 Apr 2015

Global investor = Global adviser

Offshore investing and wealth management require a different perspective and view. If a wealth portfolio is global does it make sense to use a global adviser? Mike Abbott, head of Sable Wealth, says that an international adviser can give advice when various jurisdictions are involved, and can build and manage a global portfolio. A growing...

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