As the need for capital preservation and cautious portfolio positioning becomes more apparent, Head of Business Development at Foord Asset Management, Nick Curtin, unpacks the strategic stance Foord’s portfolio managers have adopted given the prevailing high-risk low-return environment.
Tag - long-term investment
In recent weeks, investors have been on a President Zuma-fuelled rollercoaster ride as market valuations and currencies reacted to the political and economic fallout of the Cabinet reshuffle.
Four new unit trusts have been launched for longer-term investors with investment horizons of five or more years.
In times of market volatility, investors can use rand cost averaging to reduce the risk of buying assets at the top and (as a result of emotions mostly) selling at the bottom.
The term “crystal-ball investing” appropriately invokes images of smoke and mirrors, charlatanism and faux clairvoyance. None of these has any place in investment practice.
Middle and upper-class South Africans are earning more than enough to afford comfortable lifestyles, but they need to come to terms with the trade-offs required to ensure that their lifestyles are sustainable well into a long retirement. Andrew Bradley, chief executive officer at Old Mutual Wealth (OMW), says despite the burgeoning growth in this...