CREDO

September in review #PortfolioPulseEquities September provided mixed returns for global equity markets. The S&P 500 and Euro STOXX 50 were both up 2.1% and 0.9% respectively while the FTSE 100 lagged behind, falling 1.5% fuelled by poor corporate earnings and, persistent uncertainty over interest rates. It was a stellar month for Asia Pacific markets with the... https://lnkd.in/dPVjXXP7

With a new Labour government in place, everyone is expecting some hikes in taxes when details of the autumn budget are announced at the end of October. In his latest column for leading South African publication The Financial Mail ZA, Deon Gouws (Chief Investment Officer at Credo) provides perspective. https://lnkd.in/dFkvpdhZ

Credo shortlisted in two categories for Citywire Investment Performance Awards 2024 Credo has been shortlisted in two categories in the Citywire Wealth Manager Investment Performance Awards 2024. The annual awards, which are held in association with Asset Risk Consultants, recognise the companies that have delivered the best risk-adjusted returns for their clients over the three years to the end of June. The awards cover seven categories, with individual performance awards for Cautious, Balanced, Growth and Aggressive portfolios, as well as awards recognising the best small, medium and large private client investment management firms. The winners will be announced on 17 October. Credo is shortlisted in the following categories: - Best Balanced Portfolio: Credo Multi-Asset Portfolio 60/40 - Best Medium Firm: Credo Full details of the awards are available via the Citywire Wealth Manager website. WM Investment Performance Awards 2024: The shortlists revealed (citywire.com)

August in review #PortfolioPulseMultiAsset August was a positive month for global equity markets. The S&P 500, FTSE 100, and Euro STOXX 50 were up 2.4%, 0.8%, and 1.8%, respectively and measured in their local currencies. The Nikkei 225 fell 1.1% due to overreaction following the Bank of Japan’s interest rate hike coupled with... https://lnkd.in/dBUAWuWX

Despite the chilly weather, our partner breakfast on Friday was filled with warm discussions and delightful interactions. The event featured adventurous, humorous, and thought-provoking presentations by Jonathan Stewart, co-founder of Root, and Deon Gouws, Credo’s Chief Investment Officer. Jonathan shared the trials and tribulations of his journey from traditional investment management to taking a fledgling fintech startup to a leading insurtech business. Deon captivated the audience with his famed topic, "The Wolf of Dorp Street”.

Thank you to The Collaborative Exchange for the fantastic #InternationalInvestmentSymposium. As always, Kevin Hinton and his team ran the day smoothly allowing the topical discussions to be the sole focus. Credo’s CEO, Charles van der Merwe, shared the stage with some of the greatest offshore minds in South Africa, unpacking the pros, challenges and features of international investment platforms and structures. We look forward to engaging with all attendees who would like to find out more about our offering.

We are thrilled to be part of the inaugural 2024 International Investing Symposium, being held tomorrow both in person and virtually. Credo’s CEO, Charles van der Merwe, will be participating in a panel, discussing the complexity of implementing investments via an international platform. Flanked by investment stalwarts, we are looking forward to hearing valuable insights from some of the greatest minds in the industry. See you there!

August in review #PortfolioPulseEquities August was a positive month for global equity markets. The S&P 500, FTSE 100, and Euro STOXX 50 were up 2.4%, 0.8%, and 1.8%, respectively and measured in their local currencies. The Nikkei 225 fell 1.1% due to overreaction following the Bank of Japan’s interest rate hike coupled with... https://lnkd.in/ditWjmTx

July in review #PortfolioPulseMultiAsset Global equity markets saw mixed returns in July. In the US, the DJIA and S&P 500 posted positive returns of 4.5% and 1.2% respectively, supported by softer than expected inflation and labour market data. Conversely, the NASDAQ recorded a negative...   https://lnkd.in/esGc-xxH

#EquitySpotlight In economics, the so-called “network effect” describes a phenomenon whereby the marginal value of a service increases as the userbase grows. By way of example, the more payment cards banks issue on Visa’s network, the more incentivised merchants are to accept Visa, hence the more users... https://lnkd.in/dUgziYHy