Paying tribute to Gillian Gray
Gillian Gray passed away at the end of last year, concluding an extraordinary life and an inspiring husband-and-wife partnership forged over six decades.
Born on June 10, 1939, in Port Elizabeth, Gill’s journey began humbly but grew into a legacy of profound impact. After completing her studies, she moved to Cape Town, where she met Allan Gray, a newly qualified chartered accountant. A friendly bet set their story in motion – Allan was challenged to win Gill over for a date. And, as they say, the rest is history.
All insights
Tariffs: The stealth tax
On 2 April, President Donald Trump took the market by surprise with the size and extent of the tariffs on US imports he implemented via a presidential order....
Shifting sentiment highlights the importance of careful stock selection
In this commentary, written on 31 March 2025, portfolio manager Tim Acker discusses the performance and positioning of the Allan Gray Equity Fund during the...
Finding value in Southeast Asia’s frontier markets
Global investors continue to shy away from frontier markets in their numbers, leaving a number of undervalued, attractive ideas for those who are willing to ...
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...
Earning more, taking home less: The hidden tax hike in this year’s Budget
For the second year in a row, Treasury has left personal income tax brackets and rebates unchanged – effectively handing South Africans a stealth tax in this...
The growing gap: financial statements versus remuneration reports
In 2017, the Johannesburg Stock Exchange (JSE) introduced a requirement for annual advisory resolutions on executive remuneration to be tabled. This has plac...
Investing responsibly in a rapidly changing world
Our 2024 Stewardship Report marks the 10th edition that Allan Gray has published for our clients. However, we have had a strong focus on exercising our...