PROTECT • PROSPER • PERPETUATE
2018 proved to be a difficult year for investors. Most asset classes finished the year in negative territory and the misguided impression for long term investors to capitulate and move into cash has become greater. We urge you to resist for many reasons.
South Africa continues to struggle through a low growth environment. We are slowly realising and adjusting to the fact that there is much more needed than a change of leadership before we see some traction in our economy. In saying that, President Ramaphosa has made moves in the right direction to turn things around. The big question is how the severe structural damage caused by the Zuma era has affected the ability to turn things around. The presidential elections later this year as well as the land debate will no doubt create a lot of political noise and market volatility as investors find their feet. Read more