cannon asset managers Archives

11 Feb 2020

Three common ways we destroy our wealth

By Janice Roberts

Even with the best of intentions, when it comes to building long-term wealth, it is all too easy to fall prey to common financial mistakes which could cost you thousands, and even hundreds of thousands of rands in the long run.

13 Nov 2019

How to avoid spending regrets this Black Friday

By Janice Roberts

By Yanga Nozibele, Investment Associate, Cannon Asset Managers. It’s that time of year again when all our favourite stores and retailers have begun promoting juicy specials and deals ahead of Black Friday, set to take place on 29 November. But, while many people will be willing to spend hours in traffic and queues to buy...

29 May 2019

Three powerful tips to boost your savings

By Janice Roberts

By Tlotliso Phakisi, Investment Analyst, Cannon Asset Managers. As rocketing fuel and electricity prices place even greater demand on stretched pockets, the task of saving money and building your wealth may seem more daunting than ever.

24 Apr 2019

Avoid these investment pitfalls

By Janice Roberts

By Tlotliso Phakisi, Investment Analyst, Cannon Asset Managers. As even the most experienced investors will attest, the world of investing is riddled with hidden pitfalls that can easily trap the unwary and prevent you from achieving your investment goals.

08 Apr 2019

Is now a good time to invest?

By Janice Roberts

By Adrian Saville, Chief Executive, and Samantha Steyn, Chief Investment Officer, Cannon Asset Managers. “Is now a good time to invest?” is one of the most frequently asked questions in the investment world.

30 Jan 2019

The key question for successful investing

By Janice Roberts

Dr Adrian Saville, Chief Executive, Cannon Asset Managers. Many investors ask, “How much money can I make?” before taking an investment position.

21 Oct 2018

Five key issues flagged for the MTBPS

By Janice Roberts

This year’s Medium-Term Budget Policy Statement (MTBPS) promises to be one of the more important in South Africa’s recent history, given the faltering economy, strained fiscal status and ongoing concern regarding the risks of further credit rating downgrades and tax hikes.

09 Oct 2018

Trade wars: History’s warning for the US and SA

By Janice Roberts

By Tlotliso Phakisi, Investment Analyst, Cannon Asset Managers. We have witnessed a long wave of increased global trade over the past two hundred years, facilitated in part by ongoing advances in transportation and technology, such as the steel hulled ship, containerisation, refrigeration and jet travel. At the same time, economies of scale and scope have driven...

11 Sep 2018

From Venezuela with love: Lessons for SA

By Janice Roberts

By Tlotliso Phakisi, Investment Analyst, Cannon Asset Managers. The reality of South Africa’s economic quagmire has finally sunk in with the announcement that the country had slipped into a technical recession in the second quarter of this year, adding fuel to populist demands for greater political intervention in the economy.

05 Jun 2018

'SA economy effectively standing still since 2008'

By Janice Roberts

By Dr Adrian Saville, CE, Cannon Asset Managers. Looking at GDP from the production side of the economy: · At the headline level, the number make for worrying reading with the SA economy contracting by 2.2% over the first quarter on an annualised, seasonally adjusted basis, and rising by a modest 0.8% for the year...

11 Jan 2018

Bidvest Financial Services acquires Citadel’s stake in Cannon Asset Managers

By Janice Roberts

Cannon Asset Managers was established in 1998 by Dr Adrian Saville and in January 2015, Citadel Investment Services (Pty) Ltd acquired a controlling stake in the business. The Citadel Group has benefitted greatly from Cannon’s insights and experience. However, both entities agree that the time has come for each of them to concentrate more effectively...