The May 2018 edition of Fundamentals, our monthly thought leadership newsletter, is now available. Download The Full Publication
: Fundamentals May 2018
(PDF | 1.2MB)
In this month's edition:
THE REAL RISK OF GOOD HEALTH - ZAIN WILSON
Rapid changes in all spheres of life have massive implications for our retirement and how we structure our investments.
Download: The real risk of good health - Zain Wilson
(PDF | 240 KB)
GAINING OUTPERFORMANCE WITH ESG - FRANK SIBIYA
ESG indices enable investors to access companies with high sustainability profiles, without compromising on investment returns.
Download: Gaining outperformance with ESG - Frank Sibiya
(PDF | 66 KB)
US DOLLAR RALLIES AS GROWTH AND INFLATION EXPECTATIONS RISE - JOHANN ELS
Better growth expectations in the US relative to Europe, stronger US inflation expectations and the consequent firming rate hike expectations drove dollar strength.
Download: US dollar rallies as growth and inflation expectations rise - Johann Els
(PDF | 95 KB)
SA OPTIMISM SURGES, BUT ACTUAL CONDITIONS REMAIN WEAK - RIAN LE ROUX
Leadership change without clear growth and employment benefits will undermine social and financial stability.
Download: SA optimism surges, but actual conditions remain weak - Rian le Roux (PDF | 83 KB)
DOMESTIC YIELDS RISE AS THE RAND SUCCUMBS TO GLOBAL PRESSURES - WIKUS FURSTENBERG
The bond bull rally runs out of steam, despite mildly supportive local economic data.
Download: Domestic yields rise as the rand succumbs to global pressures - Wikus Furstenberg
(PDF | 120 KB)
TWO PATHS TO THE SAME DESTINATION: SYSTEMATIC AND FUNDAMENTAL - SALIEGH SALAAM AND WARREN MCLEOD
It should never be a case of either-or but rather about getting the best of both worlds.
Download: Two paths to the same destination: systematic and fundamental - Saliegh Salaam and Warren McLeod (PDF | 164 KB)
EMERGING MARKET PHARMACEUTICALS
Feroz Basa discusses the investment case for emerging market pharmaceutical companies. Feroz is joint head our Global Emerging Markets boutique and manager of the Old Mutual Global Emerging Market Fund.
Watch: Global Emerging Markets: Pharmaceuticals (WEBM | 16.2 MB)