The September 2017 edition of Fundamentals, our monthly thought leadership newsletter, is now available. Download The Full Publication
: Fundamentals September 2017
(PDF | 1.6 MB)
In this month's edition:
SA EXITS THE RECESSION, BUT GROWTH RATE IS UNSUSTAINABLE - RIAN LE ROUX
SA is in a slow growth trap and will not escape until greater policy certainty helps lift business confidence.
Download: Fundamentals September 2017: SA exits the recession, but growth rate is unsustainable
(PDF | 115 KB)
NO MORE US RATE HIKES THIS YEAR, SAYS MARKET - TINYIKO NGWENYA
The focus has now shifted to the US Fed unwinding its US$4.5 trillion balance sheet.
Download: Fundamentals September 2017: No more US rater hikes this year, says market
(PDF | 72 KB)
BOND MARKET OVERLOOKS FALLING INFLATION RATE - WIKUS FURSTENBERG
The risks to fiscal consolidation weigh on the SA bond market.
Download: Fundamentals September 2017: Bond Market overlooks falling inflation rate
(PDF | 143 KB)
BIG DATA, AI AND THE SEARCH FOR ALPHA - SALIEGH SALAAM AND WARREN MCLEOD
Big data and machine learning could reveal new opportunities to generate outperformance.
Download: Fundamentals September 2017: Big Data, AI and the search for Alpha
(PDF | 504 KB)
KEYS TO THRIVING WHEN ECONOMIES TURN DOWN - PAUL BOYNTON
Despite a sluggish economy, carefully selected private equity projects continue to provide solid returns.
Download: Fundamentals September 2017: Keys to thriving when economies turn down
(PDF | 136 KB)
CONSUMER HEALTH IMPROVES AS MOROCCANS ADAPT TO SUBSIDY REFORMS - CAVAN OSBORNE
Morocco may never be Africa’s leading growth story, but it offers relative stability and a low correlation to most other markets.
Download: Fundamentals September 2017: Consumer Health improves as Moroccans adapt to subsidy reforms (PDF | 241 KB)
MY LOVE FOR INVESTING STARTED IN GRADE 9
Meet Siboniso Nxumalo, joint head of our Global Emerging Markets boutique.
Download: Fundamentals September 2017: My love for investing started in Grade 9
(PDF | 102 KB)