What the JSE delisting trend means for your pension fund
The trend of delisting on the JSE carries implications for various stakeholders, including pension funds. Mergence CIO Brad Preston shares his insights on this topic in Today’s Trustee.
The shrinking number of JSE listings
28 September 2023 The declining number of companies listed on the JSE has been well documented over the past number of years. In this snippet, we compare this to some other parts of the world and look at how it impacts investor portfolios.The shrinking number of listings is a global phenomenon, although it is very […]
Who will win the RWC? Fortunately financial analysts know – sort of
Utilising statistics in the realm of sports: The Mergence Market Snippet about the Rugby World Cup, authored by CIO Brad Preston, piqued the interest of Tim Cohen, the editor at Daily Maverick.
Is the oil price too high?
21 September 2023 With the recent strength in the oil price reviving inflationary fears, we look at how current oil prices compare to history. Below, we show the inflation-adjusted oil price over the past fifty years. On this basis, the current $95 per barrel price is in line with the average real oil price over […]
We did not want a lame duck CEO says Bekker on Van Dijk
In response to the departure of Bob van Dijk as CEO of Naspers/Prosus, Peter Takaendesa, Head of Equities at Mergence Investment Managers, shared his insights with Business Day.
Analysing the RWC: which supporters have the most gees, who shows up for the World Cup, and how to make your Superbru predictions.
14 September 2023 With the Rugby World Cup having kicked off last week, we took a break from financial market analysis to try and apply some number crunching to the hooligan’s game played by gentlemen. France’s convincing win over New Zealand in the opening game of the tournament, spurred on by an enthusiastic Marseille crowd, […]
Capitec recovers R18bn in market value as shares soar on trading update
Radebe Sipamla, Mergence Investment Analyst, commented in Business Day on the 10% soar in Capitec’s share price following its trading update. He says the outlook is positive.
What does the US housing market mean for an SA investor?
7 September 2023 It may seem strange for a South African institutional investor to spend too much time thinking about the US housing market; it is, after all, a retail asset class on the other side of the world. But the cost of housing is the largest component in the US CPI basket (35% of […]
SA vs US short term rates
24 August 2023 With SA CPI surprising to the downside last week and now well within the SARB Monetary Policy Committee’s (MPC) target range of 3% to 6%, many will be hoping that this will allow the MPC to start considering rate cuts. One thing that we think may keep the MPC on the hawkish […]
JSE indices will be less global once ALSI and SWIX converge
What will be the impact of the JSE’s indices harmonization in 2024? Brad Preston, CIO of Mergence Investment Managers, delved into this question during a discussion with Stephen Cranston of Citywire.
The domestication of the JSE All Share Index
17 August 2023 The domestication of the JSE All Share Index The JSE has a number of different equity indices that offer access to the broad market. These include the free-float weighted versions of these indices (The All Share and Top40), the shareholder-weighted versions (The SWIX indices), which only count the shares held in South […]
Mastercard to buy stake in MTN’s R98bn fintech unit
In a significant African fintech deal, Mastercard acquires a stake in MTN’s fintech business, targeting the digitally adept wireless payment markets. Mergence’s Head of Equities, Peter Takaendesa, shares insights on the subsequent impact of this transaction on MTN’s share price movement.
