In this publication, we bring you the market highlights of April 2023. BlackRock’s experts explain the importance of a healthy ‘investment diet’, while the Ninety One portfolio managers talk about how the China reopening could affect SA Equity investors. Lastly, catch the latest fund commentaries.
April market round-up
- South Africans are paying 35% more on their home loans compared to early 2021 due to the last nine interest rate hikes.
- South African markets have had a positive month with all sectors rising by more than 3%, with gold and platinum shares being the big winners due to the increased global price of precious metals.
- The chances of a recession in the US within the next 12 months have been set at an alarming 99%.
- With electricity prices starting to soften, can we expect UK inflation to fall over the course of 2023?
Read the market round-up.
BlackRock Asset Management
- Remember the story about the hare and the tortoise? Slow and steady is one of the golden rules of investing. If more investors adopted a relaxed, meticulous approach, they would likely enjoy stable returns in the long term.
- A balanced diet should include foods of many colours. If your shopping basket looks a bit beige, you’re probably not getting enough nutrients. The same principles apply in the world of investing. Read more about a balanced “investment diet”.
Goldman Sachs Asset Management
- GSAM provides views on global markets over the last month in their Market Pulse publication.
Ninety One
- We as South Africans often face what feels like a never-ending plethora of challenges, and a feeling of powerlessness could cause rash decision-making. However, when it comes to your money, this panic selling can cost you. Malcom Charles highlights the importance of not getting emotional with your money in these challenging times.
- We are finally seeing the recovery in China; how will this affect SA equity investors?