STEPHEN CRANSTON: From A(jay) to Z(ondo)
There is no doubt that 2018 never lived up to initial expectations
STEPHEN CRANSTON: When defensive shares are anything but
One of the worst-performing large caps was Mediclinic, which was down 37%, much worse than the 12.4% of the Capped Swix benchmark
STEPHEN CRANSTON: The active-versus-passive investing debate
There is often more psychology than mathematics in active management
STEPHEN CRANSTON: Investec’s Stephen Koseff did it his way
Like Sinatra before him, Investec’s longtime CEO, Stephen Koseff, is on a farewell tour, and like Sinatra it is hard to believe it is the final curtain
STEPHEN CRANSTON: A painful separation
Building a UK-EU free-trade treaty could take many years. So far there are just a few platitudes in a political declaration
STEPHEN CRANSTON: A culture change
The investment heroes of today are no longer the glamorous stock-picking geniuses
STEPHEN CRANSTON: Motsepe walks the talk of broad-based empowerment
The Sanlam empowerment deal he leads has been the most successful by far
STEPHEN CRANSTON: Old-school appeal
The Liberty Advanced Global Equity T1 Portfolio won’t qualify as a world first
STEPHEN CRANSTON: Too many investment choices
It was simple in the days when there was one reputable index tracker. Now R84bn is invested into 97 ETFs and exchange traded notes
STEPHEN CRANSTON: Repent, active managers
Thanks to the rise of the Chartered Financial Analyst qualification there are now a million people in active investment management
STEPHEN CRANSTON: Not the Roodt roadshow
The Efficient Group, home of economist Dawie Roodt, is one of those small caps that certainly adds some choice to the financial sector
STEPHEN CRANSTON: The old SA of cross-shareholdings
There is often debate on whether it is better for a life office to own a bank or vice versa
STEPHEN CRANSTON: Long live RMI
Rand Merchant Investment Holdings is a good mix of businesses, and the underlying managers consider RMI to be a useful sounding board
STEPHEN CRANSTON: Ashburton gets it all
Ashburton has some credible offerings in the alternative space, such as its structured products
STEPHEN CRANSTON: Why there’s still potential in MMI
MMI still has a health joint venture in India which has a million members so far. The aYo app-based JV with MTN could also bring new growth
STEPHEN CRANSTON: By Dickens, it works
Santam’s property insurance book has swung back to profit as it persuaded more of its clients not to resort to arson
STEPHEN CRANSTON: New Alexander Forbes awards more than just a footnote
Alexander Forbes has launched its own investment awards after many years of promising to do so
STEPHEN CRANSTON: Why high-flyers can be ‘poor’ too
Tertiary education is no guarantee of wellness, as 44% of graduates are financially unwell
STEPHEN CRANSTON: Black-owned stockbrokers making a mark
Mazi Macquarie is a full-service cash equity stockbroker competing with the multinationals
