Investing and Global Finance News

Category Archives: Who Said It

SA Hedge Funds: New Laws

Capital Management

South Africa’s hedge funds will soon be subject to new rules in an effort to help assets under management that have been encountering a dive for too long.  In January 2020, there will be new categories for funds as well as definition of where the funds are.  These two initiatives will help local investors make better comparisons before deciding on their hedge fund of choice.  For hedge funds it will be helpful as they will only be in competition against fixed-income and long-only equity funds.

According to local hedge funds standing committee Association for Savings and Investments Chairman, Hayden Reinders:

“This is the next evolution of where we are going. We want to create awareness that a hedge fund is a different type of fund that can fit into different types of portfolios. Globally if you look at the allocation of alternatives compared to more traditional funds, alternatives can account for as much as 8% of the total. Conservatively in South Africa, the hedge fund industry could look to double.”

CEO of Protea Capital Management Jean Pierre Verster said:

“Hedge funds over the last three to five years have had a torrid time. “Now that hedge funds must formally report net performance, it isn’t this ‘fuzzy area’ anymore. Hedge funds must now get used to marketing themselves.”

Steve Binnie, CEO of Sappi said:

“An initially strong start to the year was unfortunately offset by weak graphic-paper markets and lower dissolving wood pulp prices driven by the ongoing trade wars and slower economic growth in various geographies.”

Ultimately, come January 2020, it will be much easier for the average South African in the street to compare and contrast the different hedge funds available and thereafter make the right choices for their investments.  This is because there will be a new classification standard put into place.

New Technology = New International Business Opportunities

In today’s world, the old saying “money talks” is truer than ever. But sometimes it really isn’t that easy to understand. International business opportunities have long been hindered by language barriers. When people and platforms struggle to communicate, it is no surprise that they can’t do business with each other. Thankfully, this problem is being… Continue Reading

Women: Quotes on Investments

Carrie Schwab-Pomerantz, board chair and president of Charles Schwab Foundation, senior vice president of Charles Schwab & Co., and board chair of Schwab Charitable said: “For women, financial independence is a matter of necessity. [She has] “long been a champion of women taking control of their finances as a means of being individually strong, as… Continue Reading

Investing Tips

Before starting any project it’s often worth checking in with the experts.  People who have already done the background work; have had successes and failures; know what works and doesn’t work and are now efficiently engaged in the project upon which you are about to embark. Here we look at quotes from people in the investment world:… Continue Reading

Best Tips for Stock Market Investments

When it comes to learning how to invest in the stock market, who better to take tips from than “one of the world’s most powerful investors….Warren Buffet.” Over the years, the Berkshire Hathaway CEO has given his tips for stock market investors: 2017 “The best thing with stocks, actually, is to buy them consistently over… Continue Reading

Hedge Fund Industry: 2019

For the first time since the 2018 fiscal crisis, the hedge fund industry is contracting.  According to BlackRock CEO Larry Fink, this has resulted in the occurrence of a “mini 2008-2009 . . . We saw a massive amount of deleveraging” from hedge funds.” HFR President Kenneth Heinz said: “Hedge fund outflows in Q4 were driven by several factors,… Continue Reading

General Electric: Looking Ahead

According to Miller Tabak Equity Strategist Matt Maley, the company is now “roaring back” from its fiscal crisis of $6.66.  He said: “We were able to hold that 2009 low and that should … limit the downside at least over the near term. However, we’re going to have to see a lot more work and… Continue Reading

Powell on US Economy

If we are to trust Jerome Powell, Chairman of the Federal Reserve, then we will be able to believe there is a “remarkably positive outlook” for the US economy. With  unemployment at 3.9 percent and inflation at 2% which is pretty much the Fed’s goal, Powell explained: “While these two top-line statistics do not always… Continue Reading

America’s Top Entrepreneurs

It was written a year ago but it’s still completely relevant for today.  An article in Forbes by Abram Brown: 75 Quotes on Business From America’s Top Entrepreneurs Entrepreneurs quoted include: Martha Stewart, Marc Benioff, Dan Gilbert, Eric Schmidt, Sara Blakely and many more. A snippet of the quotes: “No business school graduate would recommend… Continue Reading

Warren Buffet’s “Fundamentals of Investing”

Investment tycoon Warren Buffet recently shared an exclusive clip from his letter to Berkshire Hathaway shareholders, in which he lists the “fundamentals of investing”. Fortune Magazine shared Buffet’s points with the following bullets: You don’t need to be an expert in order to achieve satisfactory investment returns. But if you aren’t, you must recognize your… Continue Reading