News

September saw strong equity market performance, following lower inflation and the start of rate cuts

August saw a quick recovery in equities following an early sell-off, with local and global markets posting strong gains. Inflation is cooling in both the U.S. and South Africa, and anticipated interest rate cuts are expected to further boost the economy. Bonds also performed well, with local and offshore markets delivering solid returns.

Local income funds offer a variety of exposures to unique risks. This article highlights some important risks faced when selecting local income funds.

In this article, we examine overconfidence and hindsight bias in predictions, using the 2024 US presidential election as an example. We draw parallels to investing, warning against overconfidence in active stock picking while suggesting that portfolio diversification is a powerful tool for reducing risk.