What local asset managers are buying - and selling - in this tough market | Business

  • 📰 News24
  • ⏱ Reading Time:
  • 23 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 13%
  • Publisher: 80%

الإمارات العربية المتحدة أخبار أخبار

الإمارات العربية المتحدة أحدث الأخبار,الإمارات العربية المتحدة عناوين

Some local asset managers are offloading high-performing stocks in anticipation of tough times. They are returning to safe havens like bonds, gold, and resilient companies. | News24_Business

Allan Gray's offshore partner calls it"an everything bubble" with more market pain to come. Old Mutual Investment managers predict a sharp fall in global equity prices. Ninety One says many businesses were ill-prepared for the rapid interest rate hikes. But each investment house still has its own investment favourites in this tough market - with all agreeing that semiconductor chip manufacturers are the flavour of the year.

Local portfolio managers admit this is likely to be another bad year for equities, with forecasts of a US recession getting stronger. Investors are already moving their money to cash and bonds in droves. With a bond yield closer to 12%, SA's government bonds have increasingly become a great alternative for high returns without the risks equities present. Interest rates are also the highest in over a decade, making cash almost as attractive.

 

شكرًا لك على تعليقك. سيتم نشر تعليقك بعد مراجعته.
لقد قمنا بتلخيص هذا الخبر حتى تتمكن من قراءته بسرعة. إذا كنت مهتمًا بالأخبار، يمكنك قراءة النص الكامل هنا. اقرأ أكثر:

 /  🏆 4. in AE

الإمارات العربية المتحدة أحدث الأخبار, الإمارات العربية المتحدة عناوين

Similar News:يمكنك أيضًا قراءة قصص إخبارية مشابهة لهذه التي قمنا بجمعها من مصادر إخبارية أخرى.

Business Daily - Business Daily Meets: Tony Elumelu - BBC SoundsNigeria's most well-known economist on 'Africapitalism' and why he thinks Africa needs to rethink its relationship with business.
مصدر: BBCAfrica - 🏆 23. / 61 اقرأ أكثر »

Solly Moeng | Mashaba, Mashele and the 'unauthorised' biography: an avoidable PR disaster | BusinessOPINION | In the wrong hands, its wealth of diversity can be the very weapon used to push the country further away from realising its real potential, writes Solitoliquido. | News24_Business
مصدر: News24 - 🏆 4. / 80 اقرأ أكثر »

Burnt bodies of prominent Limpopo business woman and relative found at hotelPolice have activated a manhunt for the killers of a prominent Limpopo business woman and her relative, whose burnt bodies were discovered at a hotel in Ohrigstad on Saturday.
مصدر: SowetanLIVE - 🏆 13. / 63 اقرأ أكثر »

OPINION | Hand over the tax records: Section 35 and 46 of PAIA unconstitutional | BusinessThe Constitutional Court’s judgment in the matter of Arena Holdings v SARS - in the battle over former president Jacob Zuma's tax records - is an important reminder insofar as the balancing of competing rights is concerned, writes Ahmore Burger-Smidt.
مصدر: News24 - 🏆 4. / 80 اقرأ أكثر »

Post Office applies for business rescue in effort to save ‘essential service’Provisional liquidator argues in court against final liquidation as it provides an essential service to many citizens
مصدر: BDliveSA - 🏆 12. / 63 اقرأ أكثر »

ALEXANDER PARKER: Business needs to play hardball with the stateNow might be the time for some straight talking, because the power relationship is shifting
مصدر: BDliveSA - 🏆 12. / 63 اقرأ أكثر »