Allan Gray Quarterly Commentary

2016 Q3 Comments from the Chief Operating Officer

It is so easy to get caught up in the latest bad news (and there has been a lot of it in the week I’m writing this) that we can miss the underlying...

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2016 Q3

Insights categories - Investment insights

Nuanced numbers and valuation pitfalls

By Leonard Krüger on 30 Sep 2016

Reading time: 8 mins

We pick shares for client portfolios following a rigorous, bottom-up, fundamental research process. This involves, among many other considerations, the caref...

Insights categories - Markets and economy

Investing in Africa’s debt markets

By Nick Ndiritu on 30 Sep 2016

Reading time: 8 mins

Patient capital dedicated to Africa’s capital markets is scarce, especially during economic or political downturns. Nick Ndiritu explains how long-term...

Insights categories - Offshore investing

Pursuing long-term returns without simply reaching for risk

By Ben Preston and Maurits Ovaa on 30 Sep 2016

Reading time: 7 mins

Ben Preston and Maurits Ovaa explain why Orbis believes minimising losses is arguably more important than maximising gains at a time when many stock markets ...

Insights categories - Personal investing

How to be a better long-term investor

By Shaheed Mohamed on 30 Sep 2016

Reading time: 10 mins

Is your behaviour standing in the way of your investment success? Shaheed Mohamed helps us become more aware of common biases so that we can adjust our...

Insights categories - Personal investing

Read the fine print before you decide to withdraw or retire from your preservation fund

By Carla Rossouw and Carrie Norden on 30 Sep 2016

Reading time: 6 mins

South Africans on average change jobs about five to seven times during their working lives. More than two-thirds do not preserve their retirement savings whe...

Insights categories - Personal investing

What is a money market fund?

By Bekithemba Mafulela on 30 Sep 2016

Reading time: 6 mins

Money market unit trusts, commonly referred to as ‘money market funds’, have become a synonym for safe, secure and reliable investments. You put your money i...

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