As Winston Churchill once said “Never let a good crisis go to waste”, we believe investors should be ensuring they have enough exposure to offshore assets that will be a hedge against a “deeper crisis” and should be slowly buying depressed local assets if they have cash on hand. Most investors have been sitting on the sidelines not fully exposed to equities
You can't blame local invest... ››› more
Global markets are riding a rising tide of positivity from hawkish FOMC meeting minutes, US Fed Chair Powell indicating the US economy is strong and a positive US and Mexico trade deal.
Investors shouldn't fear new record highs because historical market data indicates it's a bullish signal. When a new all-time high is achieved, there is a 90% chance of achieving a new all-time high in the four... ››› more
If you thought politics and economics in South Africa is exciting, then you've been missing out on what happening in Europe right now.
The United Kingdom is about to make a drastic decision that could have an impact on the global economic system. On Thursday, the UK will have a referendum on the 'Brexit' - to decide if the UK stays or leaves the European Union.
Last week, a poll for the E... ››› more
Founded back in 1845, Old Mutual began life in Cape Town as a mutual insurance company. Now an international company with interests in insurance and investments, Old Mutual is one of the Johannesburg Stock Exchange's top 40 companies…
Full name: Old Mutual Plc
Short name: OldMutual
Sector: Insurance – life insurance
Five top facts about Old Mutual
Old Mutua... ››› more
Over the past week, two of the most heavily bought JSE shares by foreigners were PSG and Capitec.
This isn't a surprise as both these stocks have been on a tremendous run this year. Since around January, both companies have soared over 50% in six months.
So with the added confidence from foreign investors, this should see both stocks continue on an upward trend.
This is good news if you hold... ››› more
Earlier today, Old Mutual released its interim results. And the insurer impressed the market with what it had to offer. The share was one of the best performers on the JSE today. Let's have a closer look at what the results revealed…
Old Mutual said that “profit from continuing operations” from January to June increased 14% “on emerging market sales,” reports IOL.
Earnings for the f... ››› more
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