Monthly financial markets outlook | June 2024

May was eventful but closed on a positive note. Domestic equities, as well as offshore bonds and equities, generated healthy returns for investors. Domestic equities could have performed even better without the month-end sell-off, likely triggered by election uncertainty. The most significant event in the domestic space was the general election, in which the African […]

Why do retirement funds have a default investment portfolio?

Members historically did not make investment portfolio choices when joining a new retirement fund. This brought changes forward in the legislative landscape with the default regulations that became effective on 1 September 2017. Retirement funds were given 18 months to implement the requirements of Regulation 37, 38 and 39 to the Pension Funds Act 24 […]

Annuity Decisions at Retirement – Your Options Explained

Retirement fund members face an important decision at maturity of their retirement fund with at least two-thirds of their retirement savings used to purchase a complusory pension annuity, providing an income during retirement.   While the annuitisation of a large portion of your savings is a given, members do have a choice on the type […]

27four ESG Annual Asset Manager Survey – South Africa Private Markets

The 27four Investment Managers’ Annual ESG survey aims to help asset owners and other investors understand the level of ESG adoption and integration among South African asset managers, and to serve as an indicator of ESG investment trends and sustainable finance in the South African market. This third iteration of the survey focuses on private […]

ESG Trends Shaping the Future of Agriculture

The agriculture industry is experiencing a transformative shift as Environmental, Social, and Governance (ESG) considerations become increasingly integral to its operations. ESG factors are redefining how agricultural businesses operate, invest, and measure success, aligning their goals with broader societal and environmental responsibilities. This article explores the key ESG trends in the agriculture industry, highlighting how […]

Benefits of a multi-manager approach

At 27four Investment Managers, we believe in the concept of not putting all your eggs in one basket. Superior investment performance can be delivered to our clients by focussing on an investment process that identifies sources of return as well as sources of risk of each asset class, to ensure that we build portfolios that […]

Monthly financial markets outlook | May 2024

April saw a reversal of the trends which dominated the first quarter of 2024. Emerging markets, including, South Africa, outperformed their developed counterparts as concerns about stagflation dampened sentiment. Weaker-than-expected economic data from the US, coupled with hot inflation prints, fuelled these anxieties. An advance estimate of US GDP showed the economy expanded at an […]

βeta Solutions Quarterly Style Analysis – Q1 2024

The first quarter of 2024 has been difficult for SA equities, underperforming the MSCI World by a whopping 15% YTD (Capped SWIX vs MSCI World in ZAR terms). The outcome has been driven by two major factors, namely the general risk-off sentiment that negatively impacts emerging markets as well as the unbelievable performance of growth […]

Time to join forces for better employee benefits

It is becoming increasingly more important for consultants in the industry to start taking the lead and assist employers with the design of their employee benefits offering to employees. The reality is that it’s not enough for employers to provide a retirement fund only as part of the employee benefits offering. There is a lot […]

Agrarius - Historical Pricing