The January 2018 edition of Fundamentals, our monthly thought leadership newsletter, is now available. Download The Full Publication
: Fundamentals January 2018
(PDF | 849 KB)
In this month's edition:
2018 - A YEAR THAT WILL TAKE US INTO UNCHARTED TERRITORY - KHAYA GOBODO While 2018 promises to be a year of unprecedented change, the proven quality of our investment business will enable us to take advantage of the economic, political, industry and technological shifts underway.
Download: Fundamentals January 2018 A year that will take us into uncharted territory - Khaya Gobodo
(PDF | 93 KB)
IMPROVED POLITICAL BACKDROP MAKES FOR A BETTER ECONOMIC OUTLOOK - JOHANN ELS
Should politics continue to improve and we return to fiscal consolidation, the knock-on effects could lead to better growth for 2018.
Download: Fundamentals January 2018 Improved political backdrop makes for a better economic outlook - Johann Els
(PDF | 135 KB)
AS THE JSE CONTINUES TO LAG GLOBAL MARKETS, WHERE TO NOW FOR INVESTORS? - DAVID COOK
My preference is for a higher allocation to global, but with a cautious approach in navigating such an expensive market.
Download: Fundamentals January 2018 As the JSE continues to lag global markets, where to now for investor's? - David Cook
(PDF | 176 KB)
WHAT FULLY VALUED GLOBAL EQUITY MARKETS WILL MEAN FOR PRIVATE EQUITY - PAUL BOYNTON
If markets are set for a period of volatility, private equity could be a major beneficiary.
Download: Fundamentals January 2018 What fully valued global equity markets will mean for private equity - Paul Boynton
(PDF | 127 KB)
MARKETS TO BENEFIT FROM STRONGER GLOBAL GROWTH AND SUBDUED INFLATION - RIAN LE ROUX
Consensus views call for an even better growth year in 2018 (albeit only moderately better than in 2017).
Download: Fundamentals January 2018 Markets to benefit from stronger global growth and subdued inflation - Rian Le Roux
(PDF | 91 KB)
MARKET CELEBRATIONS MASK THE DEPTH OF SA'S MACROECONOMIC ILLS - WIKUS FURSTENBERG
Given the extent of the country's troubles, we fear that markets have gotten ahead of themselves with unrealistic expectations.
Download: Fundamentals January 2018 Market celebrations mask the depth of SA's macroeconomic ills - Wikus Furstenberg (PDF | 139 KB)
CHINA'S HENGAN INTERNATIONAL - LYNN KLAASE
Our Global Emerging Markets Equity Analyst Lynn Klaase discusses the investment case for China's leading hygiene product manufacturer, Hengan International.
Watch: Fundamentals January 2018 China's Hengan International - Lynn Klaase (MP4 | 14 MB)