BUSINESS MAVERICK — INVESTMENT ANALYSIS: Beyond traditional investments: cranes, planes and rock ’n roll

Against a backdrop of lower returns for longer, asset managers have been forced to venture “off the beaten track” in search of alternative sources of returns, along with a greater focus on risk management, in constructing optimal, well-diversified portfolios.

If you look at the JSE’s Top 40 companies on a bottom-up basis, and build up a forward P/E for these 40 stocks, you’ll see a number of the Top 40 stocks are trading at a discount to fair value.

But back to planes, cranes and rock and roll. In some of our funds, alternative investments are generating real positive returns for investors. Cranes, for instance, are physical, tangible assets that are defensive in nature and less sensitive to the economic cycle. Investments into aeroplanes, which are then rented out to some well-known, credible airlines, are delivering yields of close to 8% on average. In this case, the risk sits with the airlines and the manufacturer.

South Africa South Africa Latest News, South Africa South Africa Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Business Maverick: After gobbling up Lonmin, the Sibanye juggernaut rolls onSibanye-Stillwater and Lonmin shareholders on Tuesday 28 May 2019 approved a takeover offer by the former for the latter. This marks the end of one era in South African platinum as Lonmin, formerly linked to Lonrho, rides off into the sunset, with a history stretching back over a century. And a new era is in the offing, as Sibanye becomes the world’s largest primary producer of platinum group metals (PGMs), with an eye on expanding into battery metals.
Source: dailymaverick - 🏆 3. / 84 Read more »

PIC has no record for R4bn investment into obscure oil exploration companyIn case you missed our top story | PIC has no record for R4bn investment into obscure oil exploration company 😳😳 A billion a day keeps the Dr at bay Disco Dan the puppet Baba the puppet master Somethings are just a waste
Source: BDliveSA - 🏆 12. / 63 Read more »

PIC has no record for R4bn investment into obscure oil exploration companyThe Public Investment Corporation (PIC), Africa’s largest asset manager, has no trace of documents to show how and why it invested almost R4bn into an obscure oil company with links to the ANC and former president Jacob Zuma. does dailymaverick or PaulivW know anything about this?
Source: SowetanLIVE - 🏆 13. / 63 Read more »

Cops hunt ex-soccer spin doctor and wife over illegal multimillion-rand investment schemeUndercover Billionaires is a group of inspiring individuals who accumulate wealth with' meaningful style and grace'. Eish. Good luck to them. They gonna have to master the trigonometry formula of the pythagoras theorem to catch this sprinter.
Source: TheCitizen_News - 🏆 6. / 75 Read more »

PIC investment into Ecobank was speculative, inquiry witness suggestsInvestment into West African financial services group was a poor one, down $165m or 66% over the last seven years , former exec testifies Mahlathini was busy running Besek with our Pensions monies?
Source: BDliveSA - 🏆 12. / 63 Read more »

JOB ADS: Investment writer, retail writerHere's your chance to join the team at one of SA's most innovative publishers
Source: BDliveSA - 🏆 12. / 63 Read more »

PIC’s $250m investment in Ecobank was ‘highly speculative’, inquiry hearsA whistleblower told the judicial inquiry into issues of misconduct at the PIC of issues at the bank the asset manager continued to invest in.
Source: TheCitizen_News - 🏆 6. / 75 Read more »

TFG’s investment in online offering pays offOnline turnover grew 57.2% in the year and now accounts for 8.8% of group sales, with 23 brands of its 29 now available online
Source: BDliveSA - 🏆 12. / 63 Read more »

Cosatu investment arm ‘benefited from Transnet’s tainted locomotives deal’Cosatu's investment wing benefited from a consortium awarded a Transnet contract to manufacture some of the 1,064 locomotives at the centre of state capture allegations
Source: BDliveSA - 🏆 12. / 63 Read more »

High rand price of PGM basket poses greater risk for investmentInvesting in mineral commodity producers sometimes needs to be a contrarian activity, where one invests when a metal's chips are down, writes Gavin Rabbolini
Source: BDliveSA - 🏆 12. / 63 Read more »

Take a closer look at your investment feesPersonal finance | It’s always exciting to start a new investment. But do financial advisers always share the information of fees and costs in a way that is understandable? And do we really comprehend the true cost of these fees? Thanks for sharing my article! So vital to watch your investment fees!
Source: City_Press - 🏆 7. / 72 Read more »