THE ECONOMIC EFFECTS OF WAR

Russia’s invasion of Ukraine strikes us as one of the most-expected unexpected events of recent times. Steeped in a revisionist ideal of Russian identity, President Putin is rattling the cage of the current world order. NICK CURTIN writes about the inflationary pressures that result from the war.

The cupboard is now bare

It is difficult to remember the heady days of the 2010 Soccer World Cup and the general sense of national euphoria and ‘gees’ we experienced. Business development manager Nick Curtin writes how the national mood is very different as we limp into 2021.

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Markets In A Nutshell — For February 2024

Investors showered US stocks with love this Valentine’s month, spurning bonds. The US S&P 500 Index surged 5.2%, closing above the 5,000 level for the first time. The Nasdaq Composite and Dow Jones indices also achieved all-time highs. In contrast, US bonds fell on robust economic data and an uptick in US inflation — which again pushed out expectations for the timing of the US Federal Reserve’s first interest rate cuts.

Markets In A Nutshell — For February 2024

In our monthly podcast, ‘Markets in a nutshell’, Linda Eedes discusses what’s happened in global markets and economies over the past month, how we see things playing out and how Foord is positioned as a result.

Unpacking the 2024 Budget Speech: Two top take-aways

Faced with some very harsh realities – from a severely constrained economy and infrastructure challenges to lower commodity-driven revenue and expenditure running well above target – Minister of Finance Enoch Godongwana’s Budget Speech was a mixed bag. At R1.73 trillion, tax revenue for 2023/24 is R56.1 billion lower than estimated in the 2023 budget; a shortfall largely attributed to the decline in corporate profits and revenue from taxes on mining. National Treasury did project optimistic revenue increases of R104 billion over the medium term however; this is due to higher tax buoyancy rates.

Quarterly Conversations Q4 2003 I Foord International Fund

Multiple-counsellor portfolio manager on the Foord International Fund, Brian Arcese talks to investment professional, Lind Eedes about the fund’s performance in 2023 and how it is positioned going forward.

Quarterly Conversations Q4 2003 I Foord Fixed Income Fund

Linda Eedes talks to portfolio managers Farzana Bayat and Rashaad Tayob about how Foord’s fixed income funds performed in Q4 2023, what’s happening in the market and how Foord is positioned going forward.

Quarterly Conversations Q4 2023 I Foord Equity Fund

Linda Eedes talks to portfolio manager Wim Murray about how Foord’s equity strategies have performed, what’s happening in the market and how Foord is positioned going forward.