COP26 Implications for South Africa
COP26 (the 26th Conference of the Parties to the United Nations Framework Convention on Climate Change) took place in Glasgow, United Kingdom, in November 2021.
Monthly financial markets outlook | November 2021
Global risk assets bounced back strongly in October with the MSCI ACWI gaining 5.1% led by US large caps (+7%) and developed markets growth stocks (+6.7%) in dollars. Tech stocks that had come under pressure on news of policy normalisation performed exceptionally well buoyed by strong third-quarter earnings. More than 83% of tech companies that had reported their earnings at the end of October outperformed expectations.
A time of rapid and unpredictable change
The COVID-19 pandemic has disrupted daily lives and the way of doing business in unprecedented ways. In South Africa, the...
Sustainable Infrastructure Development Symposium South Africa
The Sustainable Infrastructure Development Symposium - South Africa (SIDS-SA) is the annual flagship event organised by the Investment and Infrastructure...Monthly financial markets outlook | October 2021
All major global asset classes ended in the green in July, but the headline numbers do not tell the full story about the market dynamics that led to that outcome. The performance of global equities was very narrow reminiscent of 2020. The S&P 500 which houses the US’s largest companies touched a new all-time high in July supported by above-average earnings deliveries by most of its constituents. European equities were up 1.8% on the back of the reopening momentum as most governments in the bloc ease lockdown restrictions. The fixed income segment was driven by inflation linkers and investment-grade bonds. Global inflation-linked bonds jumped 4%, followed by global investment-grade bonds and US high yields which delivered 1.3% and 0.4% for the month.
Quarterly style analysis | September 2021
The 27four quantitative research team conducts style based analysis on the top 100 shares (by market capitalization) listed on the...Monthly financial markets outlook | September 2021
All major global asset classes ended in the green in July, but the headline numbers do not tell the full story about the market dynamics that led to that outcome. The performance of global equities was very narrow reminiscent of 2020. The S&P 500 which houses the US’s largest companies touched a new all-time high in July supported by above-average earnings deliveries by most of its constituents. European equities were up 1.8% on the back of the reopening momentum as most governments in the bloc ease lockdown restrictions. The fixed income segment was driven by inflation linkers and investment-grade bonds. Global inflation-linked bonds jumped 4%, followed by global investment-grade bonds and US high yields which delivered 1.3% and 0.4% for the month.
European companies smashing analysts’ expectations
The US Fed is meeting tomorrow, and most investors are keen to hear the MPC’s take on the latest spurts in inflation and its assessment of the progress of the recovery of the US economy.
ABSA leads the race to reach pre-Covid earnings level
The US Fed is meeting tomorrow, and most investors are keen to hear the MPC’s take on the latest spurts in inflation and its assessment of the progress of the recovery of the US economy.
Monthly financial markets outlook | August 2021
All major global asset classes ended in the green in July, but the headline numbers do not tell the full story about the market dynamics that led to that outcome. The performance of global equities was very narrow reminiscent of 2020. The S&P 500 which houses the US’s largest companies touched a new all-time high in July supported by above-average earnings deliveries by most of its constituents. European equities were up 1.8% on the back of the reopening momentum as most governments in the bloc ease lockdown restrictions. The fixed income segment was driven by inflation linkers and investment-grade bonds. Global inflation-linked bonds jumped 4%, followed by global investment-grade bonds and US high yields which delivered 1.3% and 0.4% for the month.