Crisis come and go

A recent spike in inflation expectations has left many investors guessing how central banks would respond. Judging from the spike in yields of the widely watched US 10-year treasuries and selloff of long duration equites, it seems most investors expect the Fed and other central banks to tighten the monetary policy sooner than planned. We think the Fed will be more concerned about the stability of the financial system and sustaining the ongoing economic recovery more than inflation risk. Therefore, instead of tightening the monetary policy as expected, the Fed may go the opposite direction.

  • 19th April 2021
  • By 27four Investment Managers
  • Featured

More pain on the cards for long suffering SA consumers?

A recent spike in inflation expectations has left many investors guessing how central banks would respond. Judging from the spike in yields of the widely watched US 10-year treasuries and selloff of long duration equites, it seems most investors expect the Fed and other central banks to tighten the monetary policy sooner than planned. We think the Fed will be more concerned about the stability of the financial system and sustaining the ongoing economic recovery more than inflation risk. Therefore, instead of tightening the monetary policy as expected, the Fed may go the opposite direction.

  • 12th April 2021
  • By 27four Investment Managers
  • Media

Equities duration: much ado about nothing

A recent spike in inflation expectations has left many investors guessing how central banks would respond. Judging from the spike in yields of the widely watched US 10-year treasuries and selloff of long duration equites, it seems most investors expect the Fed and other central banks to tighten the monetary policy sooner than planned. We think the Fed will be more concerned about the stability of the financial system and sustaining the ongoing economic recovery more than inflation risk. Therefore, instead of tightening the monetary policy as expected, the Fed may go the opposite direction.

  • 26th March 2021
  • By 27four Investment Managers
  • Media

Meet Naledi Mokwena

Naledi has over 14 years of experience in financial markets, of which the past 9 have been in asset consulting. She consults to some of South Africa’s largest retirement funds. Naledi is passionate about transformation and is deliberate in influencing decision-makers to work towards an asset management landscape that is representative of the demographics of South Africa.

  • 19th March 2021
  • By 27four Investment Managers
  • Media

A year later: how the global economy is faring

It is now slightly more than a year since the World Health Organisation declared Covid-19 a global pandemic on the 11th of March 2021. Since then, our world was turned upside down. Millions of people died from the virus. The economic impact of the pandemic has also been severe. Our charts for this week show where global markets are on the recovery path. While markets are certainly not out of the woods yet, things are looking much better than in March last year. Several macro drivers are back to their pre-Covid levels and so are financial assets.

  • 19th March 2021
  • By 27four Investment Managers
  • Media

Climbing interest rates complicate central banks’ job

A recent spike in inflation expectations has left many investors guessing how central banks would respond. Judging from the spike in yields of the widely watched US 10-year treasuries and selloff of long duration equites, it seems most investors expect the Fed and other central banks to tighten the monetary policy sooner than planned. We think the Fed will be more concerned about the stability of the financial system and sustaining the ongoing economic recovery more than inflation risk. Therefore, instead of tightening the monetary policy as expected, the Fed may go the opposite direction.

  • 12th March 2021
  • By 27four Investment Managers
  • Media

Inflation surge: which asset classes will provide a better cushion?

While US equities have been trending upwards ever since the 2008 financial crisis, so is their level of debt. Debt obligations of non-financial corporates in the US surged by over 70% since 2008 to around $10tn at the end of last year as companies take advantage of the availability of cheap money.

  • 5th March 2021
  • By 27four Investment Managers
  • Media

The Covid-19 job loss pulse

While US equities have been trending upwards ever since the 2008 financial crisis, so is their level of debt. Debt obligations of non-financial corporates in the US surged by over 70% since 2008 to around $10tn at the end of last year as companies take advantage of the availability of cheap money.

  • 26th February 2021
  • By 27four Investment Managers
  • Media

Earnings smashing expectations!

While US equities have been trending upwards ever since the 2008 financial crisis, so is their level of debt. Debt obligations of non-financial corporates in the US surged by over 70% since 2008 to around $10tn at the end of last year as companies take advantage of the availability of cheap money.

  • 15th February 2021
  • By 27four Investment Managers
  • Media

What a short squeeze!

You may have heard the term “short squeeze” a lot over the past few days. That is because of a rare win by David (small retail investors) against Goliath (large hedge funds).

  • 5th February 2021
  • By 27four Investment Managers
  • Media