Tactical ideas for fixed income in an election year
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Tactical ideas for fixed income in an election year
Sanlam Colletive Investments
Sanlam Colletive Investments
Q4 of 2023 | 3 years ago
2023 turned out to be a good year for most fixed income investors, although it was not all smooth sailing. There were various risk events, such as #LadyRussiagate, the docking of the sanctioned Russian cargo ship at Simon’s Town Naval Base in May, which led to concerns about South Africa’s support of the war in Ukraine. After a difficult three quarters, bonds experienced a strong fourth quarter, which boosted income fund returns to between 9.5% and 12%, depending on risk allocations.
Around 2020, after embroiled in exceeding maximum pension mandated investments , asset manager JM Busha , did not recover and exited the unit trust industry.
Mvunonala Investments in 2017 was embroid in a scandal that involve the dissappearing of huge monies in Bophelo Beneficiary Fund. It never recover from that scandal.
In 2023, Allan Gray Manco is celebrating its 50th birthday of existence , founded in 1973.