Capital Markets Africa reposted this
#ICYMI, from November 2023. 💡 "𝑨𝒍𝒕𝒉𝒐𝒖𝒈𝒉 𝒕𝒉𝒊𝒏𝒈𝒔 𝒂𝒓𝒆 𝒒𝒖𝒊𝒕𝒆 𝒅𝒊𝒇𝒇𝒊𝒄𝒖𝒍𝒕 𝒊𝒏 𝒕𝒉𝒆 𝒔𝒉𝒐𝒓𝒕 𝒕𝒆𝒓𝒎, 𝒕𝒉𝒆 𝒐𝒇𝒇𝒔𝒆𝒕𝒕𝒊𝒏𝒈 𝒇𝒂𝒄𝒕𝒐𝒓 𝒊𝒔 𝒕𝒉𝒂𝒕 𝒗𝒂𝒍𝒖𝒂𝒕𝒊𝒐𝒏𝒔 𝒂𝒓𝒆 𝒗𝒆𝒓𝒚 𝒂𝒕𝒕𝒓𝒂𝒄𝒕𝒊𝒗𝒆 𝒂𝒕 𝒕𝒉𝒆 𝒎𝒐𝒎𝒆𝒏𝒕. 𝑾𝒆'𝒗𝒆 𝒔𝒆𝒆𝒏 𝒄𝒐𝒎𝒑𝒂𝒏𝒊𝒆𝒔 𝒕𝒓𝒂𝒅𝒊𝒏𝒈 𝒐𝒏 𝒗𝒆𝒓𝒚 𝒍𝒐𝒘 𝒎𝒖𝒍𝒕𝒊𝒑𝒍𝒆𝒔. 𝑶𝒖𝒓 𝒇𝒖𝒏𝒅 𝒊𝒔 𝒕𝒓𝒂𝒅𝒊𝒏𝒈 𝒐𝒏 𝒂 𝒇𝒐𝒓𝒘𝒂𝒓𝒅 𝑷𝑬 𝒓𝒂𝒕𝒊𝒐 𝒐𝒇 𝒂𝒓𝒐𝒖𝒏𝒅 5𝒙 𝒘𝒊𝒕𝒉 𝒂 𝒅𝒊𝒗𝒊𝒅𝒆𝒏𝒅 𝒚𝒊𝒆𝒍𝒅 𝒐𝒇 7-8 𝒑𝒆𝒓𝒄𝒆𝒏𝒕, 𝒘𝒉𝒊𝒄𝒉 𝒊𝒔 𝒗𝒆𝒓𝒚, 𝒗𝒆𝒓𝒚 𝒂𝒕𝒕𝒓𝒂𝒄𝒕𝒊𝒗𝒆. 𝑨𝒏𝒅 𝒕𝒉𝒂𝒕'𝒔 𝒔𝒕𝒊𝒍𝒍 𝒘𝒊𝒕𝒉 𝒆𝒂𝒓𝒏𝒊𝒏𝒈𝒔 𝒈𝒓𝒐𝒘𝒕𝒉 𝒊𝒏 𝒕𝒉𝒆 15% 𝒓𝒂𝒏𝒈𝒆. 𝑺𝒐 𝒊𝒕'𝒔 𝒂 𝒗𝒆𝒓𝒚 𝒂𝒕𝒕𝒓𝒂𝒄𝒕𝒊𝒗𝒆 𝒕𝒊𝒎𝒆 𝒕𝒐 𝒈𝒆𝒕 𝒆𝒙𝒑𝒐𝒔𝒖𝒓𝒆 𝒕𝒐 𝒕𝒉𝒆 𝑨𝒇𝒓𝒊𝒄𝒂𝒏 𝒊𝒏𝒗𝒆𝒔𝒕𝒎𝒆𝒏𝒕 𝒔𝒕𝒐𝒓𝒚." (Randolph Oosthuizen, CFA) Randolph Oosthuizen, CFA is a Portfolio Manager at Old Mutual Investment Group in Cape Town, where he works on the firm's African Frontiers Fund. In this conversation, Randolph shares how rising interest rates in the US have been affecting African frontier markets, why North African companies are good portfolio diversifiers, and why despite a challenging year, he's still optimistic about Africa's long term prospects. Enjoy! https://lnkd.in/g6C32qW5 #investinginAfrica #Africanequities #Africanstocks #Africancapitalmarkets Disclaimer: Capital at risk.
