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. ...
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...
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...
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...
“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...
“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...
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...
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...
“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...
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...