PSG Wealth

There’s no one-size-fits-all solution to investing. Read this Insurance Biz article where Wendy Myers, Head of Securities discusses what to consider when deciding whether to trade locally or offshore: https://lnkd.in/dnWQVwpM

On Tuesday, the JSE followed weaker global trends as investors assessed US job openings data and major tech earnings. The local market dropped 0.39%, influenced by data from the Bureau of Labor Statistics showing that US job openings fell short of expectations in September, hinting at a possible labour market slowdown. Read what else happened in the markets yesterday: https://lnkd.in/dwj6W9-j

In a recent interview on Moneyweb, CIO Adriaan Pask debunks common assumptions about the financial markets. Listen to the podcast here: https://lnkd.in/d5F6zzvA

WTI and Brent crude futures plunged by more than 5% on Monday, while U.S. natural gas prices dropped over 10%. This sharp decline followed easing fears of supply disruptions after Israel’s weekend retaliatory strikes on Iran avoided impacting oil and nuclear facilities. Read what else happened in the markets yesterday: https://lnkd.in/dVvXMpJT

There’s still time to register for tomorrow’s #ThinkBigPSG webinar featuring esteemed US economist Dr. Larry Hatheway who will share his views on the potential impact of the elections on global and emerging markets. Register here: https://lnkd.in/djqjVPyp

The FTSE/JSE All Share Index closed slightly higher at 87 016 on Friday, marking two days of gains. All eyes are on the upcoming Medium-Term Budget Speech on 30 October, where Finance Minister Enoch Godongwana will reveal spending plans for the next three years. Read what else happened in the markets on Friday: https://lnkd.in/dRqCYpV9

Vacancy | Operations Support Manager | Waterfall, Johannesburg PSGs commitment to transform and embrace diversity is what drives us to achieve a diverse workplace with employment equity as a key goal to create an inclusive workforce. In achieving our employment equity goals, we give preference to applicants from designated groups, and we encourage people with disability to apply. Responsibilities: • Manage the team of fund analysts and quantitative analysts supporting the Fund and Securities business units within PSG Wealth. • Provide and oversee the support provided by the team to Client Services, PSG advisors and IFAs on client queries, new business support (e.g. welcome packs) and operational matters (e.g. performance statements, EAC statements).    • Provide and oversee calculations performed by the team in respect of policy revision calculations or in support of platform system improvements. • Sales initiative, control function reporting and Business Unit metrics pack reporting. • Platform (LISP) landscape and ad-hoc quantitative investigations as required by business.  • Responsible for daily upload of prices on Life priced funds • Steering the team to provide support to the Product team in providing technical input and testing on tools and calculators used by PSG Wealth and our distribution network (advisors).  • Maintain control standards of all work performed by the team and inform business of developing or new risks Minimum requirements: • University Degree majoring in either Investment Management, Insurance mathematics, Actuarial Science, Quantitative Finance or Financial management.  • Experience with LISP platforms and long-term savings and investment products. • Programming and modelling skills, specifically financial modelling  • High level of computer literacy, specifically SQL, MS Excel, MS PowerPoint, and PowerBI.  • Team management experience advantageous  • Programming experience in VBA, Python, R advantageous Interested candidates must forward their CV with the vacancy title and location in the subject line to https://www.psg.co.za OR browse vacancies https://bit.ly/3bD2iAk by no later than 07/11/2024. 

Diversification is not only about spreading risk across multiple asset classes and sectors. Investors should also consider exposure to local and offshore shares. Head of Securities Wendy Myers discusses the importance of this approach in the recent #WealthPerspective here. https://lnkd.in/grQNJMQ6

The FTSE/JSE All Share Index climbed about 0.60% to close at 86 937 on Thursday, ending a three-day losing streak! Notable gains in the platinum group metals sector saw Northam Platinum surge over 16% and Anglo-American Platinum rise nearly 13%, following US calls for G-7 sanctions on Russian palladium and titanium exports. Read what else happened in the markets on yesterday: https://lnkd.in/gjaJZps2

🌟 Exciting News! 🌟 We are thrilled to announce that two funds managed by the PSG Wealth Investment Management team received top accolades at the 3rd annual Citywire DFM Awards 2024 held last night. The PSG Wealth Preserver FoF won as the Best Multi-Asset Low Equity offering for the second consecutive year, while the PSG Wealth Income FoF won the Best Multi-Asset SA Income offering. Contact your PSG Wealth adviser to find out more about these funds: https://lnkd.in/d6tRKK3G #PSGWealth #CitywireAwards2024 #FinancialServices #PSGWealthPreserverFoF #PSGWealthIncomeFoF