B2B Central

capital markets

13 Jul 2021

The Navigator – Anchor’s Strategy and Asset Allocation, 3Q21

By Staff Writer

The global environment has been favourable with accommodative monetary policy from major central banks, higher commodity prices, and positive emerging market sentiment as we rebound from the COVID-19 crisis of 2020, says Anchor Capital in its Strategy and Asset Allocation, 3Q21 Review.
09 Jul 2021

Foreigners have been selling SA bonds - but who is buying them?

By Staff Writer

Foreign investors have almost constantly been selling South African Government Bonds (SAGB’s) over the past three and a half years, as the seriousness of the South African fiscal situation and resultant rising debt levels have become clearer. If anything, this selling has increased over the past year as the already dire fiscal situation was exacerbated by the economic impacts of the measures taken by governments to slow the spread of the virus.

18 Jun 2021

The art of an investment strategy

By Staff Writer

Covid-19 has undoubtedly made it difficult for any investor not to question their investment strategy, says Sonja Saunderson, Chief Investment Officer at Momentum Investments. “And yet, 2020 has again proven just how difficult it is for investors to stick to their strategy,” she adds.
16 Jun 2021

Active investment managers more likely to outperform at the next market inflection point

By Staff Writer

While popular wisdom holds that passive investment strategies will always be better than an active strategy, this will not always be the case, particularly at market inflection points like the one that potentially lies ahead.
15 Jun 2021

BlackRock's Weekly Market Commentary: What lies beyond the restart?

By Staff Writer

The global economy and markets are at the most consequential moment since our outlook forums started a decade ago. The bounce back from the Covid shock has been remarkably swift, reflecting our view that this is a restart, not a usual business cycle recovery.

02 Jun 2021

BlackRock's Weekly Market Commentary: Policy revolution’s long reach

By Staff Writer

The powerful policy revolution implies a lower future path of interest rates than markets are pricing in, even amid rising inflation over the medium term, as captured in our new nominal investment theme. Lower rates – even compared to our previous expectations – lift our expected returns across asset classes over the strategic horizon, and reinforce our preference for equities over bonds.
01 Jun 2021

Zisanda Gila, Portfolio manager at Momentum Investments discusses their fixed income offerings

By Staff Writer

Fixed income investments refer to types of securities which pay investors fixed interest payments on their capital investment, based on a set interest rate until maturity of the underlying securities.
17 May 2021

It’s time to rethink fixed income with ETFs

By Staff Writer

The role of fixed income in multi-asset portfolios is evolving with the unprecedented levels of market volatility we have seen this year, and it is hard to think of a better time to rethink fixed income. In today’s fixed income markets, investors face increasing pressure to deliver returns, generate yield and maintain diversification.

10 May 2021

The structure of market drawdowns – Part 2

By Staff Writer

By: Joao Frasco, CIO, Stanlib Multi-Manager The structure of market drawdowns is an interesting concept to inform investment decisions. This is particularly relevant as we continue to grapple with the ongoing temporary slowdowns in economic activity worldwide and market uncertainty. The South African equity market ended 2020 below its previous high in 2017, which technically...
23 Apr 2021

Social Bond issuance to hit R4bn in SA within the year

By Staff Writer

The market for bonds issued to meet environmental and social outcomes is expected to grow exponentially in South Africa within the next year. Social Bonds are expected to feature prominently, as the country looks to “build back better” post Covid-19.

20 Apr 2021

Laurium Africa USD Bond Fund launched

By Staff Writer

Laurium Capital (Pty) Ltd (Laurium), one of South Africa’s leading hedge fund and long only fund managers has launched its first Irish-domiciled UCITS fund, the Laurium Africa USD Bond Fund, on the Prescient Global Funds ICAV platform. This is according to a statement from Prescient Fund Services.
19 Apr 2021

Europe's bond market is modernising

By Staff Writer

The European bond market is modernising at a rapid pace – and fixed income exchange-traded funds (ETFs) have become the vehicle of choice for this modernisation. This reflects their liquidity, transparency and increasing versatility. Over the past five years, the European corporate bond market has grown by 56% to €2.8 trillion in debt outstanding [Source: Bloomberg Barclays, ICE benchmark indices, as at 30 Jun 2020].