Sean Munsie
Articles by Sean Munsie
Stable Fund: A tale of two market narratives
Geopolitical tensions, shifting interest-rate expectations and continued enthusiasm for AI shares are among the themes that shaped markets in the first half ...
Optimal Fund: Muted returns conceal a sharp rise in volatility
Coming off record-breaking outperformance in the previous year, the first quarter of 2026 saw the JSE’s worst showing since 2008, underscoring how concentrat...
Stable Fund: Strong gains set the stage for a more tempered outlook
While 2025 delivered standout returns across markets, an elevated starting point warrants caution when considering future returns. Portfolio manager Sean...
Stable Fund: Strong markets provide a welcome boost
In the wake of markets recording new record highs, portfolio manager Sean Munsie discusses the performance and positioning of the Allan Gray Stable Fund.
Defensively positioned to navigate challenges
The Allan Gray Stable Fund aims to preserve investors’ capital over any two-year period and deliver above-inflation returns over the long term. In light of t...
Glencore: Investigating the decarbonisation opportunity
In the midst of COVID-19, governments desperate to break the recessionary cycle are focusing on infrastructure programmes, with an expected uptick in demand...
The Stable Fund at 20
With an allocation to assets such as equities being key to long-term growth, even for more conservative investors, we believe the Allan Gray Stable Fund...
Allan Gray Stable Fund turns 20
Over the last two decades, the Allan Gray Stable Fund has built a solid track record through dynamic asset allocation, bottom-up stock-picking and mindful ri...
