Market report

A new president, a new cabinet and a new vision. A clear and clean promise was part of the new regime. What do you think?

The good promises we got from President Ramaphosa as well as the appointment of a new executive, syphoned through the markets since his election as ANC president in December.

The markets picked up at 09h00 on the morning after the new cabinet was announced. In the recent past the markets constantly dropped shortly after opening. This positive vibe will surely bring us better returns shortly.

This might just mean that business starts releasing the projects they shelved the past few years. We saw a noticeable upswing in business confidence since August 2017. Our export figures are at the highest level in years. The USA and Europe are importing serious amounts of our goods daily.

We saw the Balanced portfolios kick back by 3% already this year. The Property portfolios did the about the same but from a much lower base.

I see a bright future for our investments, do you?

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