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Should an SA investor still consider emergingmarkets?
Diversification benefit South African investors often ask whether it makes sense to have exposure to global emerging markets in their portfolios. One reason is that the South African market is highly correlated with emerging markets, given that South Africa itself is...
Is the USA stock market too expensive
Outperformance of the USA The S&P 500 has enjoyed a stellar decade of growth, compounding at 12% in US dollars. In comparison, the MSCI ACWI (All Country World Index), excluding the USA, has compounded at only 5% over the same period. The dominance of the US...
Should I time the rand when investing offshore?
Counterbalance of exchange rate and equity markets The South African rand is one of the most volatile currencies globally compared to advanced economies and emerging market peers. Only the Russian rouble and Argentinian peso have been more volatile in the last decade....