Ninety One fancies SA bonds to provide strong returns
The asset manager likes products in the near term but prefers global equities over a five-year term
30 May 2022 - 09:17
UPDATED 30 May 2022 - 22:57
Ninety One, the asset management giant spun out of Investec in 2020, expects global and SA equities to provide strong returns over the next five years despite their recent sell-off but is betting on local government bonds for a steady income stream in the nearer term until market volatility eases.
The MSCI world index is down about 16% so far this year after Russia’s invasion of Ukraine and aggressive monetary tightening by central banks worldwide amid accelerating global inflation...
Would you like to comment on this article?
Sign up (it's quick and free) or sign in now.
Please read our Comment Policy before commenting.
Subscribe now to unlock this article.
Support BusinessLIVE’s award-winning journalism for R129 per month (digital access only).
There’s never been a more important time to support independent journalism in SA. Our subscription packages now offer an ad-free experience for readers.
Cancel anytime.
Questions? Email helpdesk@businesslive.co.za or call 0860 52 52 00. Got a subscription voucher? Redeem it now.