Tag Archives: South African equities

Outperformance in South Africa and Avoiding Single-Stock Risk

The returns of two liquid equity benchmarks in South Africa with the same target market have been significantly different YTD as of Oct. 26, 2018. Over the period, the S&P South Africa 50 has declined 8.8% while the FTSE/JSE Top 40 has fallen 12.6%—a difference of over 380 bps—a considerable performance gap over a fairly Read more […]

Active Fund Management in South Africa Continued to Struggle in 2016

Equity markets in South Africa, as measured by the S&P South Africa Domestic Shareholder Weighted (DSW) Index ZAR, increase 5% in 2016.  Aside from the GDP contraction experienced in the last quarter of 2016, conditions were generally improving in the country.  For example, the South African rand strengthened during the year and the municipal elections Read more […]

How Have South African Active Fund Managers Performed?

The performance of the South African equities market has been lackluster as a result of poor employment data, weak consumer confidence, and continued power shortages.  This has led to an underperformance of approximately 5% in ZAR-denominated domestic equities, as measured by the S&P South Africa Domestic Shareholder Weighted (DSW) Index, compared with global equities. Equities: Read more […]