DO SOUTH AFRICAN BONDS OFFER VALUATION COMPARED TO EMERGING MARKET PEERS? - TopFunds
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        DO SOUTH AFRICAN BONDS OFFER VALUATION COMPARED TO EMERGING MARKET PEERS?

  Prescient Asset Management   Q3 of 2023 | 12 months ago

For the most part, it is agreed that there is no need to be concerned about non-resident purchases of South African bonds holding up as long as foreigners are cash-flush. Interest rates in developed markets remain low relative to those in emerging markets, and prolonged easy monetary policy in the developed world has ensured that there is an excess supply of money available. So, it comes as no surprise that developed market investors have been purchasing emerging market debt in pursuit of higher returns than they are able to attain domestically – seemingly irrespective of the relative risks embedded in each sovereign.


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        DO SOUTH AFRICAN BONDS OFFER VALUATION COMPARED TO EMERGING MARKET PEERS?

  Prescient Asset Management   Q3 of 2023 | 12 months ago

For the most part, it is agreed that there is no need to be concerned about non-resident purchases of South African bonds holding up as long as foreigners are cash-flush. Interest rates in developed markets remain low relative to those in emerging markets, and prolonged easy monetary policy in the developed world has ensured that there is an excess supply of money available. So, it comes as no surprise that developed market investors have been purchasing emerging market debt in pursuit of higher returns than they are able to attain domestically – seemingly irrespective of the relative risks embedded in each sovereign.


More Unit Trusts News
5-Year Manco Review: Coronation

5-Year Manco Review: Allan Gray

5 year Manco Review Series Intro

Resurfacing of Retention Funds

Anchor Credo Update

Apex Group Acquires BCI and BIP

More Manco Views
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©2012-2024 NGCSOFT