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.
Asset manager Coronation saw a need for a shariah-complient leaning asset managemnt and in 2002, founded a standalone manager Kagiso AM (now Camissa AM).
Contego Asset Management s many unit trusts were consolidated into existing Anchor Capital unit trusts after being acquired by Anchor Capital in 2017.
Prudential Fund Managers was founded in Cape Town in 1994 by Graham Mason, who is its chairman now as of 2023.