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05 Apr LEGAE SECURITIES: INVESTORS MONTHLY | APRIL 2016

In this edition we review market performance for March. Focusing on recent monetary policy changes and their implication for emerging markets. As always, we welcome your feedback and look forward to assisting you with your equity portfolio. The Legae Team Download the full newsletter. ...

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09 Mar LEGAE SECURITIES: INVESTORS MONTHLY | MARCH 2016

In this edition we review market performance for February and comment on the State of the Nation Address, the budget speech and their implications for the economy. We also look at the rebound in resources. As always, we welcome your feedback and look forward to assisting you with your equity...

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17 Feb LEGAE SECURITIES: INVESTORS MONTHLY | FEBRUARY 2016

In this edition we review market performances for the first month of the year, briefly comment on the chances of a turnaround in the resources sector, and lastly we look at SA telecommunications sector. As always, we welcome your feedback and look forward to assisting you with your equity portfolio. The...

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25 Jan MONTHLY OUTLOOK ON GLOBAL FINANCIAL MARKETS

While macroeconomic factors exogenous to company performance was the primary driver of returns during December, the JSE ended the year in pretty much the same fashion it spent the majority of the year, and particularly the last quarter trading- exceptionally volatile. Another pervasive market theme...

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07 Dec LEGAE SECURITIES: INVESTORS MONTHLY | DECEMBER 2015

“When there are multiple solutions to a problem, choose the simplest one.”- John C. Bogle In this edition we review the performance of the local equity market and what to expect in December as well as what Lonmin could signal for other companies. As always, we welcome your feedback and...

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06 Nov LEGAE SECURITIES: INVESTORS MONTHLY | NOVEMBER 2015

“Everything we hear is an opinion, not a fact. Everything we see is a perspective, not the truth.”-Marcus Aurelius In this edition we review the performance of the local equity market and how changes to the structure of the Chinese economy will influence investment choices going forward and look into...

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06 Sep MONTHLY OUTLOOK ON GLOBAL FINANCIAL MARKETS

In line with the global sell-off which ensued throughout the second quarter, September proved to be no different as the majority of the JSE continued to come under strain. As with what has been witnessed, the most heightened volatility continued to be felt within the...

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06 Aug MONTHLY OUTLOOK ON GLOBAL FINANCIAL MARKETS

As volatility escalated further into August, risk assets globally continued to experience notable corrections. While the risk off sentiment emanated from concerns over a slowing Chinese economy, investor’s subdued risk appetite continued to force equities across the globe lower as elevated multiples and threats of...

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06 Aug LEGAE SECURITIES: INVESTORS MONTHLY | AUGUST 2015

“I have an eccentric view on commodities not necessarily shared by my colleagues - or by almost anybody. And that is, we're running out of everything.” Jeremy Grantham In this edition we review the SA equity market performance for July 2015 with specific focus on the Resource sector. In our...

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06 Jul MONTHLY OUTLOOK ON GLOBAL FINANCIAL MARKETS

As volatility escalated further into August, risk assets globally continued to experience notable corrections. While the risk off sentiment emanated from concerns over a slowing Chinese economy, investor’s subdued risk appetite continued to force equities across the globe lower as elevated multiples and threats of...

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