By Janice Roberts
Investors had almost R1.9 trillion invested with the local Collective Investment Schemes (CIS) industry at the end of December 2015. This represents a healthy increase of around R200 billion from the R1.7 trillion in assets under management at the end of 2014.
When asked “Do you intend to invest more in the first six months of 2016?” 76 per cent of clients contacted by deVere Group, one of the world’s largest independent financial advisory organisations, said Yes. 14 per cent responded No and 10 per cent did not yet know.
Given the likelihood that market volatility will increase against the background of global growth and monetary policy divergences and uncertainties, it will be important for investors to stick with their investment horizons and not be influenced by short-term noise.
In times of market distress such as we are seeing at present, the disconnect between financial planning and asset management industries becomes even more pronounced than usual, says Paul Stewart, Head of Fund Management at Grindrod Asset Management (GrAM).
As the FTSE 100 enters a bear market, investors are being urged not to panic sell, consider the buying opportunities, ensure portfolios are properly diversified, and keep some powder dry.
The current state of the local and global economies makes a compelling case for the ‘old adage’ of diversifying one’s investments. This is according to Eric Enslin, CEO of FNB Private Wealth and RMB Private Bank.
China’s seesawing stock market needs perspective, will provide important buying opportunities for investors, and could ultimately assist the global economy. This is according to Nigel Green, the deVere Group’s CEO and founder.
This year will see the trend towards passive and real asset investing continue, with ongoing volatility in a positively trending global market, a potential recovery in Emerging Markets and the rise of robo-advice in South Africa.
The Enforcement Committee of the FSB has imposed an administrative penalties on four respondents, for contravening Section 75 of the Securities Services Act, No 36 of 2004 (the Act).
The coming year will be marked by accelerating divergence between financial markets around the world, according to NN Investment Partners’ (NN IP) outlook views for 2016.
This week’s markets crash is “timely” for long-term investors and the global economy, Nigel Green, chief executive of the deVere Group, says.
