Monthly Market Highlights – October 2024
South Africa’s annual inflation rate fell below 4% in September for the first time in over three years, supporting calls for potential further monetary easing by policymakers. Consumer prices in SA rose by 3.8%, down from 4.4% in August.
Common pitfalls when dealing with succession planning for financial advisers
A thoughtful succession plan safeguards your legacy, secures your clients’ wellbeing, and ensures a smooth transition when the time comes. What are the common pitfalls advisers face when putting together a strategic succession plan in place to ensure the sustainability of their practice and the wellbeing of their clients?
Consolidation set to continue in asset management universe
While the initial surge in Mergers and Acquisitions activity peaked during the Covid pandemic, this trend hasn’t slowed but rather evolved, with ongoing consolidation expected as firms continue to position themselves for long-term competitiveness.
US elections – Local manager research views
The US election outcome has an impact on US citizens, but also impacts global markets and economies as well as the local market and economy. With this in mind, we reached out to our local managers to get their views on how the US elections would potentially impact their portfolios; opportunities each outcome would present for SA investors; the impact on foreign investment flows into South Africa; the effect on global trade relations; and the potential positives the outcome may bring for SA.