Prudential Investment Managers: Why active management beats passive in South Africa

Prudential Investment Managers' Johnny Lambridis penned an interesting article last month in the Active/Passive debate. Some of the points he made were: Passive investing is gaining ground in the South African market, mainly due to the (generally) lower fees involved compared to actively managed funds, but also based on some misperceptions stemming largely from the … Continue reading Prudential Investment Managers: Why active management beats passive in South Africa

In investing: What THE most important thing is to get right?

When it comes to your investment outcomes, what is the one most important thing you need to get right? What is the one thing that if you get it right will give you the best chance of meeting your investment goals over the chosen time periods?  What is the thing that I as an adviser … Continue reading In investing: What THE most important thing is to get right?

Investing for beginners: Diversification

Diversification Diversification is strategy of investing in multiple asset classes and among many securities in an attempt to lower overall investment risk. Whilst we all know that, broadly speaking, equities return more than bonds which return more than cash over time, it is also true that these average returns are not normal. The table below … Continue reading Investing for beginners: Diversification

PSG: Be selective when investing offshore and don’t discount South Africa

Writing in the latest PSG Asset Management quarterly newsletter my friend and former colleague, Philipp Wörz has highlighted that it's not just foreign asset managers who think that developed market valuations are starting to feel quite stretched, but local managers are very aware of this too. "Global equities have been in a bull market ever … Continue reading PSG: Be selective when investing offshore and don’t discount South Africa