Ashburton Investments

Today we are excited to announce a partnership with international investment powerhouse Morgan Stanley Investment Management (MSIM) to strengthen our global capabilities. The partnership will result in enhanced international capabilities for our South African clients. We will also benefit from MSIM’s research and portfolio management in global equity markets. “As a business, we have been preparing for a partnership of this magnitude for a while. This partnership is the next step in enhancing our solutions to better meet clients’ needs,” said Duzi Ndlovu, Ashburton’s CEO. Read more: https://lnkd.in/d8JxViyw  #globalequity #investing #assetmanagement #investments

Ashburton Investments and FNB Wealth and Investments partner with Morgan Stanley Investment Management (MSIM). Ashburton and FNB will benefit from MSIM’s #research and #portfoliomanagement. The partnership will allow MSIM access to new Sub-Saharan African markets. Bheki Mkhize Katherine Davey Patrice Rassou https://lnkd.in/d8m3YhMG

The CFA Society South Africa 2024 Annual Investment Conference took place today at the Houghton Hotel in Johannesburg. Patrice Rassou, our Chief Investment Officer, moderated the debate titled ‘Artificial Intelligence will transform the global economy’. Thank you to our industry colleagues who participated in the debate and to CFA Society South Africa for hosting us. #CFASociety #InvestmentConference

August was characterised by heightened volatility, with global equities seeing erratic movements early in the month before gaining some stability and locking in solid gains overall (MSCI World Index: 3.2%, MSCI Emerging Markets Index: 1.9%). The aggressive sell-off at the start of the month was underpinned by fears of a recession in the United States (US), heightened geopolitical concerns, a move away from expensive technology stocks, and the violent “unwind” of the Japanese carry trade. View our full market overview here: https://lnkd.in/dxu5Z-QP Highlights from the market overview include: - The recovery in the US market (S&P 500 Index: 2.5%) was bolstered by a fresh batch of supportive economic data. July retail sales beat estimates and weekly jobless claims for the period ended 10 August, which hit the lowest levels since early July and helped to restore confidence in the resilience of the world’s largest economy. Investors then shifted their attention towards the Jackson Hole Economic Symposium where US Federal Reserve Chairperson, Jerome Powell, all but confirmed a September rate cut. - The Eurozone also locked in solid gains over the month, with the Euro Stoxx 600 Index increasing by approximately 2.7% as market participants continued to cheer growing expectations for dovish policy action. More recently, easing price pressures in two major Eurozone economies, namely Germany and Spain, provided additional support for further rate cuts at the European Central Bank’s (ECB) next meeting. - China remained on the backfoot with the MSCI China Index delivering a lacklustre performance, ending the month flat as investors remained skittish about growth prospects in the world’s second largest economy. The Chinese economy expanded 4.7% y-o-y in 2Q24, missing market forecasts of 5.1%. - Locally, the JSE All Share Index (4.2%; USD: 8.2%) maintained upward momentum as generally positive themes (i.e. a favourable election outcome, more secure energy supply and growing expectations for lower interest rates) continued to bolster sentiment and drive flows. #MarketOverview #EconomicCommentary #AssetManagement #Economy #GlobalMarkets #Investing

This R27bn #outperforming #fund explains how it balances #liquidity, #safety and #return. ‘This fund tries to be #safe, #secure, #stable and #liquid and offer a #return equal to #moneymarket plus 1%.’ Ashburton Investments’ head of fixed income, Albert Botha, AIA, and his father have invested money in the Ashburton Stable Income fund, Justin Brown writes. #incomefunds https://lnkd.in/dApGR_sf

Our Credit 101 programme kicked off this morning with great success. We are grateful to have Ashburton Investments as our partner for this important initiative! A special thank you to Santhuri Thaver, Head of Credit at Ashburton Investments, for delivering an insightful presentation to our delegates. Together we're empowering individuals with the knowledge they need to make financial decisions. Thank you to our delegates and sponsor for helping us to further financial inclusion through education. #Credit #Training #FinancialServices #Awif

We understand that everyone’s investment journey is different. Through our innovative solutions designed to protect your money, we're Fully Invested in helping you achieve your investment goals. Learn more: https://lnkd.in/dbxnP8Wu #FullyInvested #Investing #AssetManagement

As a follow on article to the one written pre-election where I discussed the upside we saw in SA assets , I discuss the performance of SA assets since elections in today’s Business Day Ashburton Investments

Patrice Rassou, our Chief Investment Officer, discusses #marketinsights with eNCA. They reflect on the JSE's performance and the factors contributing to its recent rally. Attention is focused on Fed Chair Jerome Powell, as his upcoming decision on potentially cutting interest rates in September could impact the Dollar and influence the SARB's next move. He also provides a performance update on the Asian markets. Watch here: https://lnkd.in/dDMnUptw