ARE THERE OPPORTUNITIES IN SA INC. STOCKS?

CULTIVATING FINANCIAL LITERACY IN THE YOUNG MINDS OF TOMORROW

FOORD’S HIGH CONVICTION CALL ON THE GLOBAL ENERGY TRANSITION

SOUTH AFRICA’S DEBT DILEMMA — RISKS AND OPPORTUNITIES

DID YOU KNOW? HAIRCUT

Foreword | Issue 66 | 2nd Quarter 2023

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Foord's High Conviction Call on the Global Energy Transition

The global energy transition presents a compelling opportunity for the astute investor. Its implications extend far beyond a simplistic switch from fossil fuels to renewable energy. Instead, it invites a nuanced understanding of the complex interplay between economics, technology, geopolitics, and societal aspirations that underpin the global energy system. In this comprehensive review, Foord Singapore portfolio manager ISHRETH HASSEN unpacks these dynamics to identify the potential winners and losers of this momentous shift.

Cultivating Financial Literacy in the Young Minds of Tomorrow

While the thought of introducing complex monetary concepts to a young mind may seem overwhelming, studies from institutions like Cambridge University suggest that children as young as three can begin grasping basic financial principles. By providing an early education in finance, we encourage monetary independence and responsible spending in adulthood.

South Africa's Debt Dilemma — Risks and Opportunities

South Africa’s sovereign fundamentals have deteriorated alarmingly over the past decade — so much so that the country now finds itself entangled in a debt crisis. Portfolio manager FARZANA BAYAT looks at the implications of the debt dilemma and the investment strategies Foord employs to protect investor capital while yielding inflation-beating returns.

Markets in a nutshell — June 2023

Global equity markets rallied broadly again in June, seemingly immune to sticky inflation and possible further US, UK and Eurozone rate hikes. This capped a robust first half to 2023, with the MSCI World Index returning 13.9% in US dollars despite escalating geopolitical tensions, slowing economic conditions, hawkish central bank rhetoric and the US regional banking crisis.