Santam achieves solid first-half performance
September 2, 2021
Santam Key Performance Indicators for the six months ended 30 June 2021 5% growth in conventional insurance gross written premium (2020: 4%) Net underwriting margin of 6.7% (2020: 4.3%) for conventional insurance Net operating results…
Seriti Capital Partners acquires Cannon Asset Managers
September 1, 2021
Cannon Asset Managers Seriti Capital Partners (“Seriti”) is delighted to announce the purchase of 100% of the shares of Cannon Asset Managers (“Cannon”) from Bidvest Financial Services, with effect from 1 September 2021. The day-to-day…
Fund managers Shaun Le Roux and Justin Floor of PSG Asset Management July saw horrific scenes as parts of South Africa were engulfed by riots and looting. In times like these, it is important to discount one’s personal…
Winding up a deceased estate - what you need to know
August 30, 2021
Madelein Steenkamp, Legal Specialist at PSG Wealth Losing a spouse or family member is traumatic enough. Being unprepared for the financial realities of death can make it even more devastating. Madelein Steenkamp, Legal Specialist…
Why South Africa's confidence runs deep
August 26, 2021
Sanlam Sanlam is not only confident about South Africa’s future, electing to invest in the country – but says there are strong signs that growth prospects in South Africa and Africa are imminent and real….
What to make of negative interest rates
August 25, 2021
Carmen Nel, Economist and Macro Strategist, Matrix Fund Managers A decade ago, few of us would have contemplated the idea of negative monetary policy rates, let alone negative market-determined bond yields. Yet, today, four of…
Weighing Up The Investment Case For Commodity Stocks
August 24, 2021
John Gilchrist – Fund manager at PSG Asset Management Commodities have been booming lately. Copper is 95% higher than in March 2020 (as at 14 July, and 50% above pre-Covid-19 levels) and has been reaching…
Does social unrest change South Africa's outlook?
August 24, 2021
Robert Davy, Emerging Market Equities Fund Manager at Schroders Simmering social discontent, high unemployment and inequality mean reforms are urgently needed. We look at what this means for South African equities The imprisonment of former…
