One of South Africa’s premier investing events, the 2019 Allan Gray Investment Summit, was held in Cape Town and Johannesburg in July and attracted over 3 400 investors and advisers. Watch a selection of the insights shared by some of the local and global investment managers on stage.
To be a successful investor in frontier African markets requires patience and a contrarian approach. Nick Ndiritu, portfolio manager at Allan Gray, highlights the fallacy of sweeping narratives around investing in African markets. He also looks at how investors that are prepared to ignore the noise and play the long game in African markets can generate attractive returns.
After decades of fossil-fuel driven growth, the energy sector is now enamoured with electric vehicles and renewables. Ashley Lynn, head of fixed income at Orbis, examines the opportunities and reveals how you can invest in energy ahead of the curve.
Many analysts believe that AI will have a significant impact on the world over the next decade. Neil Robson, head of global equities at Columbia Threadneedle, makes the case for the potential AI winners, arguing that the companies that adopt AI correctly will have competitive advantage, and those that don’t will see their profit levels erode.
According to Duncan Artus, portfolio manager at Allan Gray, some exceptional South African companies have become cheap, as declining profits and poor sentiment combine to provide what may be a buying opportunity similar to that offered in 2002.
Investing is difficult; that is not a myth. Scott Nisbet, a partner at UK-based Baillie Gifford, tackles a common belief that successful investors are those that avoid risk. He takes a critical look at investments in Baillie Gifford’s flagship Global Equities Fund since inception to discuss how investors can prosper if they learn to think differently about risk – not avoid it.
South Africa’s equity market capitalisation equates to more than 200% of the country’s GDP, the highest proportion in the world and a level that is simply not sustainable.Read more
Between January 2001 and February 2002 domestic equities and particularly consumer companies suffered significant declines and the rand lost some 63% of its value, stoking inflation and causing interest rates to spike.Read more
Psychologist, bestselling author and professional poker player, Maria Konnikova, recently inspired delegates at the Allan Gray Investment Summit 2019 to make better decisions, by looking at the metaphor of poker.Read more
From 1900 to 2018, the JSE was the best-performing stock market in the world. Fear, uncertainty and a difficult political history have always been with us and fortune seems to favour the brave.
The most successful investors often make their move years before the herd. It’s not easy to do, but very rewarding if you get it right.
Discover how to be a better investor by avoiding common mistakes and seeing through these myths.
Top stock picks backed up by a solid investment case presented by eight leading investment managers.
Investment lessons from a professional poker player.