It has been a rollercoaster ride for the JSE so far this year. The rally of the 4th quarter of 2010 – that many ascribed to an extension of the Fed’s quantitative easing…
Revised Regulation 28 - Are you ready?
July 1, 2011
The revised amendments to Regulation 28 of the Pension Funds Act are likely going to be more onerous for the industry to comply with. Trustees need to ensure that they are fully aware and ready…
Robust processes improve your outcome
July 1, 2011
In the Theory of Poker, David Sklansky writes “Any time you make a bet with the best of it, where the odds are in your favour, you have earned something on that bet, whether you…
Creating and preserving wealth
July 1, 2011
Wealth Managers have the task of both creating and preserving the wealth of their private clients. In these current uncertain financial times, accompanied by greater market volatility as experienced since the financial crisis, this task…
The outlook for South African corporates is generally stable, with positive rating pressure likely to develop over the next 12 months for strong issuers that are able to balance the prospects of possible increased mergers…
SA Banks: We need more on the top
June 2, 2011
In the aftermath of certain of the SA financials reporting lately, we find ourselves increasingly watching the financial sector of the JSE with a degree of intrigue – its underperformance relative to the balance of…
Walmart meets the developmental state
June 1, 2011
The leading role in the economy given to the state in a developmental state is hardly reconcilable with an independent competition policy. Competition policy implies a commitment to the market system with a view to…
The myths of risk tolerance
June 1, 2011
Risk is not always clearly understood when it relates to investments. It is described in a variety of terms – think of “risk tolerance,” “risk acceptance,” “risk appetite,” “risk attitude,” “risk profile” and “risk propensity”….
