Finding Balance by David Levinson, Investment Analyst

At first glance, the current global economic environment appears a minefield to global and local investors.

Time to read: 4 min

How we select our Best of Breed fund managers by Anil Jugmohan, Investment analyst

Vast numbers of investment professionals all around the world cumulatively spend countless hours trying to figure out which are the best managers to maximise the risk-adjusted returns on their clients’ hard-earned savings.

Time to read: 4 min

Avoiding unforced errors by Jannie Leach, Head of Core Investments

In this article we will examine how the Nedgroup Investments Core Range of funds has been designed to help investors avoid these errors and at a lower cost

Time to read: 6 min

6 lessons I wish I had taught my younger self

2019 is a big year in the Andrew household. Our eldest daughter is off to boarding school and amo...

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The investment decisions you aren’t aware you are making

It is almost impossible for us to be unbiased in decision-making.

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How to consistently beat inflation

In a challenging low growth and volatile SA equity market, how do investors beat inflation withou...

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Draft Conduct Standard on Living Annuities: Good news for retirees?

On the 7 November 2018 the Financial Sector Conduct Authority (FSCA) published a Draft Conduct St...

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Why listed property is still a valuable asset class

2018 was a tough year for listed property but it should not be overlooked as a valuable asset class.

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How to avoid unforced errors in investing

In tennis, the outcome of a match is often determined by the number of “unforced errors” a player...

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The case for emerging market investments for South Africans

One of the most common counter-arguments we get from South African investors, when we recommend i...

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From political support to business confidence

One of several challenges the Ramaphosa administration faces is how to convert the president’s po...

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Is the glass half full or half empty? Are you even looking at the right glass?

Always seeing the glass half empty is not only depressing, it can dramatically hamper progress.

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Why should I stay invested in growth assets when cash offers me certainty?

The last four years have been very disappointing for investors.

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Checking in with the Nedgroup Investments Global Equity Fund

The Nedgroup Investments Global Equity Fund is one of the flagship funds in our international range.

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Are zero fee funds sustainable?

What is the catch? Is this sustainable? How would they make profits using this strategy?

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Cultivate these 5 habits to keep retirement savings on track

Making impulsive investment decisions based on these current events could have a negative effect ...

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What you need to know about the proposed tax changes

Treasury has proposed some important changes to the tax regulation in the investment industry.

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From intense emotions to hard numbers

Let’s focus on some hard numbers – the official mid-year population estimates published by StatsSA.

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When my friend forgot about his money

A few weeks ago, I received a call from a good friend regarding some investment advice.

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Ramaphosa's new dawn

How much of Ramaphosa's 'New Dawn' is visible so far? We counted 53 promises in the SONA.

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Trusts and tax: The beginning of the end?

National Treasury is looking to close perceived tax loopholes - we examine how this is likely to...

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Using tools to make better investment decisions

Making investment decisions can be complicated but tools can help investors take the best course ...

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How do you obtain sensible low cost exposure to SA equities?

Obtaining sensible exposure to SA equities is not as simple as picking and an off-the-shelf index.

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Trust the process

Find out why this is the motto for a contrarian value investor in a growth-dominated world.

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Checking in with the Nedgroup Investments Stable Fund

Although the fund has had a difficult period, we remain convinced of Foord’s ability to achieve r...

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Why there is value in Naspers

There is a lot of debate about the value of Naspers and whether it should be part of your portfolio.

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As the dust settles - four themes for 2018

I always find the December-holiday braai scene to be a good gauge of what is on everyone’s minds....

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End of an era

The title of this piece is an apt summary. It is certainly the beginning of the end of a long nig...

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Rattling the cage – Changing the view on sustainability in investments

The corporate and financial world has been operating under a misguided timeline of short-term ver...

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Are Money Market funds too good to be true?

We are often asked by prospective users of the Nedgroup Investments money market fund range how i...

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Why a written investment plan is a good idea

If you have started saving or are about to start, a written investment plan can keep you on track.

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Why a written investment plan is a good idea

If you have started saving or are about to start, a written investment plan can keep you on track.

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Investing offshore versus investing in offshore assets

Weak economic conditions and political instability has almost become the new normal in South Afri...

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Investing offshore versus investing in offshore assets

Weak economic conditions and political instability has almost become the new normal in South Afri...

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What opportunities will TFI transfers bring?

As of 1 March 2018 transfers between TFI product providers will be possible. What factors should ...

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What opportunities will TFI transfers bring?

As of 1 March 2018 transfers between TFI product providers will be possible. What factors should ...

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The case for rules-based investing

The increased scrutiny of costs in the financial services industry has seen a big global move tow...

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The case for rules-based investing

The increased scrutiny of costs in the financial services industry has seen a big global move tow...

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How tech is changing the business of investing

Technology has a profound impact on our lives. What impact will the emergence of 'fintech' - and ...

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Legislation and retirement funds

A look at some of the recent changes as well as some of the proposed changes that will have an im...

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Do you talk to your children about money?

Research shows how our attitude to money is shaped by our parent’s attitude to money. How do we t...

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The role of hedging in portfolio construction

We examine the aspects of our process that give us confidence in our ability to meet the risk tar...

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Weighing in with the Nedgroup Investments Global Equity Fund

In the gloomy economic outlook, how does our Global Equity Fund aim to produce outstanding perfor...

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The other set of numbers

The old saying says, "demography is destiny". Stats SA's 15-year population figures review reveal...

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Read more Resolution Capital: The Empire strikes back

The Empire State Building, almost 90 years old, seems to be getting better with age. Find out how...

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When more is less – rethinking financial health

Traditional definitions of financial wellness do not take into account how a person feels about t...

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Low-cost investing – should you use unit trusts or ETFs?

With so much choice, investors must consider the features of unit trusts and ETFs relative to the...

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Two decades of winning by not losing

It’s not all about the big wins. If you avoid the worst performing stocks, you can still put up g...

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Is the Rand overvalued – and would we admit it if it was?

We live in an emerging market country with deep structural imbalances and many challenges. Are we...

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Investing offshore – have you ticked the boxes?

While there is definitely a case for investing offshore at the moment, it’s crucial to remember t...

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Bold statements and big promises – Donald Trump’s first six months as president

There has been enough excitement to last a lifetime in Donald Trump’s first six months as preside...

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45% tax is real: Time to be tax efficient

The 2017 budget introduced a marginal rate of tax of 45% - the highest marginal rate of tax for S...

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Will listed property weather the storms?

Amidst the uncertain local and global environment, we examine the potential impact on the listed ...

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Risk profile and time frame - the building blocks of a successful portfolio

Achieving your savings or investment goals starts with determining an appropriate mix of fund cat...

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Nedgroup Investments Core Accelerated Fund - The importance of maximising growth early

The Nedgroup Investments Core Diversified and Nedgroup Investments Core Guarded funds are now in ...

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Managing investments in an ever-changing world

The world we live in today is changing at a sometimes dizzying pace and often forces us in comple...

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How does the US interest rate cycle affect you?

Everyone knew that the low rates in the US would not continue indefinitely. We look at the effect...

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A word with Dave Foord, manager of the Nedgroup Investments

A one-on-one with Dave Foord to get key insight into the Nedgroup Investments Stable Fund.

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Three investments curveballs - and what investors can do about them

We discuss three very topical issues that raise very difficult questions for investors at the mom...

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Staying the course in a world of accelerated change

I write this in the very fluid aftermath of Zuma’s decision to reshuffle his cabinet. There is no...

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2016 – the year of the push-back

2016 was simply a tumultuous political year: internationally Brexit and Trump, locally an enormou...

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Draft Default Regulations: What are we in for – part two

On 9 December 2016 National Treasury issued the second draft of their retirement funds default re...

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And then, Donald Trump was elected President

2016 posed many challenges for the global financial markets. In the US, however, a rocky start to...

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A tax-efficient strategy to enhance your savings during your career

Wealth is normally associated with the amount of financial capital you have accumulated, whether ...

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Can SA remain investment grade?

The threat of a ratings downgrade hung over SA markets throughout 2016. Despite concerted efforts...

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So what is the fuss about tax-free investments?

Tax-free investments (TFI) have certainly taken off as the ‘no-brainer’ investment of choice in S...

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Preserving capital in an uncertain world

For many investors, investment returns for 2016 were disappointing, irrespective of the strategie...

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Thinking long-term in an unpredictable future

This year the focus has shifted away from South Africa (and Africa) to global issues and particul...

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Opportunity Fund wins at Morningstar Awards

Nedgroup Investments funds achieved top honours again at the annual Morningstar Awards presentati...

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From hope to despair… and back again

“South Africa is a country where you hope on Monday and despair on Tuesday,” Alan Paton said in 1...

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Taxation laws amendment bill 2016

Every year National Treasury notes its intention to make changes to tax legislation via the Taxat...

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Treading cautiously

Value investing continues to be out of favour but we continue to inch along with our habitual con...

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Form follows function

Form follows function is a principle associated with architecture and industrial design. The prin...

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Delivering returns in a low-return world

Short term rates have remained firmly rooted to zero or near zero. The implications of this are m...

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Brexit. SA Municipal elections. Trump vs Clinton

2016 has been the year of forecasting, voting and surprises. And potentially the biggest and most...

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Cost-effective investment strategies provide guaranteed advisor alpha

The issue of costs is not only highly sensitive, but potentially very confusing for investors too...

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Dispelling the myth around low-cost investing

Over the past seven years Nedgroup Investments Core range has built up enviable track records and...

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Tax-free investments a year on: How are we doing?

After the first year of tax-free savings accounts becoming available in SA, it is clear that the ...

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Brexit – where to from here?

The UK has voted to leave the European Union. This has global implications, the extent of which w...

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Nedgroup Investments launches the Global Property Fund in partnership with Resolution Capital

Nedgroup Investments launches the Global Property Fund in partnership with Resolution Capital

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Predictions are worthless… Investing is not

Predicting fights is similar to predicting stock market levels. However, when it comes to investi...

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Negative interest rates – A new abnormal?

It seems a little odd contemplating the concept of negative interest rates, in a country where we...

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Being an effective and trusted behavioural coach

The power of human emotions is one of the most formidable forces of value destruction in investin...

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Managing your human capital through your career

At the start of your career you normally have very little financial wealth. This is because gener...

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Big trends impacting the wealth management industry over the next decade

Norway says it is going to ban petrol cars from 2025. Uber has placed an order for the first 500 ...

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From the court room to politics – shaping habits

It is worth repeating some of the Constitutional Court’s judgement in the Nkandla matter. In para...

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Contributing more than R 350 000 to your retirement fund?

Should you continue to do so or should you reduce your contributions and instead contribute towar...

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Seizing opportunities

he Nedgroup Investments Opportunity Fund is structured to maximize expected returns for an accept...

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Offshore investments: Open for business

There have been many headlines in the national newspapers and financial magazines commenting on t...

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Where advisors really add value

Good advisors should first make sure that they are adding this value (whether it is true and sust...

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A square peg in a round hole

Old Mutual is currently one of the biggest positions in our portfolios. From a valuation perspect...

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The art of portfolio construction

Portfolio construction, at the fund management level, has to deal with the complexities of the ma...

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Should you phase-in your investments?

The new year has been off to a volatile start. Stock markets around the world are in turmoil, the...

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It’s what we do consistently

One measure of the success of the Best of Breed™ philosophy is the quarterly Plexcrown rating, cu...

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Are you making the most of your tax-free investment?

With less than a month away from the tax year-end we would like to remind South Africans of the g...

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Storms are building. The safety belt signs are on!

Looking back on 2015, certain sectors and stocks suffered catastrophic declines in value while ot...

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A global addition to our Core range

The Nedgroup Investments Core Global Fund: low-cost exposure to a range of global asset classes.

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A raging start to 2016

2016 began with a bang! At this year’s Raging Bull awards held at the end of January in Cape Town...

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Last chance to maximise your tax advantages

Towards the end of every tax year, RA members are reminded to reduce their tax liabilities by max...

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Right behaviour, right outcome

Do you ever think about the impact of what you do today, or tomorrow, or the next day will have o...

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Investing with tailwinds

Fixed interest and equity markets continue to trade at high valuations as a consequence of extrem...

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2016 - The year of continued consolidation

It is likely to be another very difficult year to make money, and once again the investment risk ...

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Coming to a standstill

Economic growth figures were at of 1.5% in 2014. The same is now expected again for 2015 and even...

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How the draft default legislation will impact trustees

In July, Treasury released draft proposals aimed at lowering charges and improving conduct in the...

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Retirement funds and tax

When trying to find an appropriate investment, one must look at various factors and ask yourself ...

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The Electus approach to investing

The core Electus philosophy and process has been in place for 10 years based on a key focus is on...

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Profiting from the panic in emerging markets

Panic has enveloped emerging markets as investors have lost faith in the growth story and fundame...

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An eye towards risk… and opportunity

The Global Cautious Fund’s positioning has lived up to its name. It's about as cautious as a fund...

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Delaying your retirement

Longevity has become a major concern for governments and individuals around the world.

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Keep your head in times of volatility

Fears are growing over the Fed’s interest rate decision due to the knock-on effects for the rest ...

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Letter to investors

We know that we have an enormous responsibility in looking after your money and helping you to ac...

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The umbrella dilemma

Umbrella retirement funds versus so-called stand-alone retirement funds.

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The old, the new and the imminent

It is important to understand potential impacts of the types of withholding taxes in South Africa...

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All aboard the ‘passive’ train

Passive strategies have steadily gained ground and today make up around 17 % of the global asset ...

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A Rugby World Cup year to remember

2011 was an important year in the life of many South Africans as it was time for the quadrennial ...

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Real returns in the real world

Over the past seven years investors have experienced an extraordinary environment.

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Don’t be surprised

One thing I’ve learned in decades of managing money is that there’s no shortage of surprises.

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Desperately seeking alpha

The performance differential between top quartile equity funds and their peer group average has r...

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Letter to investors

We spend a considerable amount of time and effort researching, thinking and debating how to ident...

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Retirement annuities and estate duty: closing the loophole

From an income tax perspective, retirement annuities have always been extremely attractive.

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What makes a good passive investment?

In South Africa there are currently around 100 passive collective investment schemes.

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SA listed property – still with something to offer investors

South Africa’s listed property sector returned 41.4% in the 12 months to the end of March 2015.

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To patiently wait or to pounce

Our goal is to make money for our clients over the long term without taking excessive risk. We c...

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Waiting for the fat pitch

The economic environment we find ourselves investing in is extremely abnormal.

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Fighting for shareholders’ rights

Nedgroup Investments and Abax Investments take their responsibility towards client assets serious...

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Alpha in hindsight – the drivers of long-term success

What are the common features of outperforming investment managers? Do market conditions play a ro...

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Letter to investors

We are pleased to report that Nedgroup Investments was the top ranked domestic manager in the mos...

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The hard truth on saving for retirement

We focus on key realities of savings in South Africa.

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Nedgroup Investments Stable Fund

The Nedgroup Investments Stable Fund recently reached its seven-year anniversary.

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Nedgroup Investments Managed Fund

The gap between the fund’s returns and its peer group has widened particularly over the past thre...

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The new tax-free savings account: how much will you actually save?

In our last issue we discussed the National Treasury’s plans to introduce a tax-free savings acco...

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The Nedgroup Investments Core Range: implementing your investment portfolio cost effectively

In recent years there have been numerous articles on lowering investment costs by means of Exchan...

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Oil – the big drop

If we page back in history, it is evident that the price of oil tends to undergo a significant co...

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Letter to investors

At this time of the year, the media and financial publications are full of economic forecasts. Th...

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The new tax-free savings account: simple, transparent and suitable

Just about every year National Treasury introduces new ways to encourage South Africans to save m...

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Employee options – making an informed decision about your retirement savings

The introductory article to this series summarised the three retirement savings options that typi...

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Global trends in index tracker and exchange traded funds

In 2009, Nedgroup Investments launched the first true low-cost balanced unit trust portfolio in t...

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Resources: Finessing an inflection in the earnings cycles

Even with the benefit of hindsight, few would have predicted the 34% return from the JSE Resource...

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Money in, money out – where to next for global fund flows?

We thought it would be interesting to see how these funds have progressed in the last year in ter...

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The outlook for income fund yields

South African interest rates have declined significantly in recent years. From December 2008 till...

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The incredible shrinking ‘alpha’

Five years ago, the universe of equity funds that had a ten-year track record was only half the s...

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High valuations reduce short-term investment opportunities

Even though there isn’t much trading at low valuations, patient investors will be rewarded in fut...

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Letter to investors

Treasury’s Retirement Reform proposals aim to ensure that as many South Africans as possible save...

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Low return warnings - crying wolf?

The markets’ upward journey is ending – it’s time to look at alternative sources to enhance returns.

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Asset class returns - the past and the future

A lot of attention has been focussed on the recovery following the 2008/09 market correction. Pri...

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Letter to investors

At quick glance, it seems like the economic world is in an exceptionally stable and prosperous st...

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Saving for retirement – the options

Become part of the 6% of South Africans who are saving enough so that they can retire comfortably.

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Consider emerging market equities

Despite the risks, emerging market equities offer good value in their own right.

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Goodbye interest rate cuts - hello hikes

The expected rate up-cycle is not necessarily bad news – it does offer promising opportunities.

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Berkshire Hathaway’s annual meeting

Over the past 15 years, the number of attendees at the annual Berkshire Hathaway shareholder meet...

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Effects of early withdrawals on retirement saving

The goal of saving for retirement is to provide an income in retirement. There are however instan...

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How to plan for a comfortable retirement

Seven factors that will boost your retirement income.

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Core-Active™ retirement planning

There is an increasing awareness, scrutiny and regulation of costs in the investment industry. In...

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Good investments vs good businesses

A quick glance at the biggest positions in the Nedgroup Investments Managed Fund may cause invest...

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Flexible Income Fund

The Nedgroup Investments Flexible Income Fund is a low risk income fund that aims to outperform c...

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Flights of fancy

Why we expect more surprises in the global economy as a result of recent policy decisions.

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Letter to investors

One of the greatest tragedies in the investment industry is the gap between the returns funds del...

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Can you afford to retire at 65?

Across the world, governments and financial industries have been grappling with the challenges of...

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Are RAs deserving of bad publicity?

Other than the obvious merits of providing an income upon retirement, retirement annuities (RAs) ...

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Income at retirement: What are the options?

During his 2012 budget speech, Finance Minister Pravin Gordhan announced proposals to reform the ...

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Is it too late to buy into equities?

We have come a long way since stock markets reached their crisis level lows in early March 2009. ...

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Picking winning funds: 3 steps to improve your odds

Picking winning funds is easy… after the fact. Identifying those winners in advance is a lot more...

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Discovery: Proving the power of incentives

Discovery is a stock which has featured as a holding in the Nedgroup Investments Managed Fund for...

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The tyranny of the benchmark

As markets rise there is a tendency for investors to assess their investment manager against a se...

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Entrepreneur Fund: Reflections on the last 10 years

As we approach the 10 year anniversary of our appointment as manager of the Nedgroup Investments ...

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Letter to investors

The beginning of a new year is a good time to re-evaluate your investment goals. In this newslett...

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New digital tools for financial planners

For financial planners who have registered online, we have a range of new financial planning tool...

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Politics: Filling the gap on the left

The term of this Parliament expires on 13 April 2014. A new election has to be held within 90 day...

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Retirement reform: proposals on costs

Treasury has released its 5th and final discussion paper on retirement reform.

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Does 0.5% really matter?

Find out how 0.5% differentiates good athletes from great ones.

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Finding the elusive 0.5% in investment management

Our Best of breed™ approach affords us the privileged position of meeting and partnering with som...

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The search for inflation beating returns

The world economy is recovering, but that doesn’t necessarily mean it gets easier from here

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Why we’re backing tech stocks

Microsoft, Cisco and Oracle have come under fire from the press. Find out why we believe they’re ...

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Three lessons from First Strut

The credit quality of South African corporate bonds has over time proven to be of a very high sta...

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Letter to investors

Despite our previous warnings that investors should not expect returns to stay as strong as they ...

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New brand campaign

The best investment managers know that calmness, reason and experience play a crucial role in man...

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Retirement reform

Proposed changes that may impact your retirement savings. For financial planners, it is imperativ...

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RAs and emigration

Prior to March 2008, retirement annuity (RA) fund members who had emigrated from South Africa had...

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The lost art of investing

Many investors today apply a ‘value’ approach to investing. Typically, this approach involves det...

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Prospects for listed property

Insight on the drivers behind 2012’s phenomenal returns and the future outlook for this sector in...

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Why it’s ok to be ‘wrong’

The Nedgroup Investments Managed Fund is facing tough times, but we are confident the long term r...

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Fear vs Greed

Though the players involved may change from one generation to the next, investing at its core is,...

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Letter to investors

In this newsletter we provide insight on two key aspects of our Best of Breed™ approach that sees...

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Global equity market outlook

Investors have been wary of risky assets. Many are still recovering from the severe losses they e...

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2013 Income outlook

The downward pressure on bond yields was driven by the record level of foreign flows into South A...

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The role of expectations

For the investor with a short term outlook, things are undoubtedly improving: unemployment is slo...

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Is the holiday over?

With four small kids, one of our favourite family holidays is to go to the Southern Cape for a co...

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Letter to investors

The past year has been a very good one for investors with almost all asset classes delivering ret...

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Financial Planning goes digital

MyFinancialLife is a web-based tool that presents personal finance information on an easy-to-use ...

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2013 Political outlook Understanding the launch of Agang

There are three interesting things about the launch of Agang: First, it came two months after the...

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Developing best practices in dealing with underperformance

A change in management Manager changes form one of the more significant costs within an invest...

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Transfers from preservation funds to retirement annuity funds

SARS published Retirement Fund Practice Note RF 1/2012 on 1 November 2012 and explained the probl...

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