If 2018 were a boxing match, we’d call it a bruising encounter. Emerging markets, in particular, were given a hiding and, in general, it was a sorry year for investment markets. The question now is: What does 2019 hold in store?
This is particularly true of Africa, which closed 2017 with new leadership in Zimbabwe, Angola, South Africa, Ethiopia and Liberia. These political movements have ushered in new economic and social opportunities and talk of a ‘new dawn’ for the continent.
The word ‘disruption’ comes with some unfavourable associations. After all, the dictionary definition refers to a “disturbance or problems which interrupt an event, activity, or process”. It has all the connotations of a bad guest or an unwanted intrusion.
The rise of China over the past 40 years is the greatest economic story of our time.
Over the last 10 months we have witnessed a significant correction in a commodity that not only influences our thinking with regards to investments, but also our cost of living.
We are currently celebrating the end of our first full year as Ashburton Investments, the FirstRand Group’s new generation investment manager.
In the first issue of Global Perspectives magazine I introduced you to Ashburton Investments as a new generation of investment manager. A new generation of investment manager motivated by the needs of our clients with products tailored very specifically to their needs.
Welcome to this, the first on-line issue of Ashburton Investments’ new Global Perspectives magazine. It is an appropriate opportunity for me to reflect on why we have chosen to create this new business, and share our excitement and enthusiasm for the brand.