By introducing alternative investments to a portfolio, one can generate almost the same level of expected return as a portfolio that does not have alternative investments exposure, but with significantly reduced expected risk (or volatility of returns). In this article, Henk Myburgh, CFA, explores the role of alternative investments in a portfolio.
A recap of the recent budget speech. Overall, the government is aiming to reduce the budget deficit and stabilise the debt-to-GDP ratio. Over the past year, the budget deficit has doubled and the shortfall in revenue is approximated at R 213.2 billion. At current levels, this number is projected to increase, resulting in financing costs of R 338.6 billion for the 2023/2024 period. The Treasury has noted this fact and have based their strategy thereon with the aim to “return public finances to a sustainable position”.
It is arguable that trusts have, to an extent, lost their magic as far as tax benefits are concerned. This does not, however, mean that trusts are no longer beneficial.
Our in-house legal expert, Savannah Solomons, highlights the benefits of a properly drafted trust deed, as well as common practical issues that could hinder the process.
The GameStop saga has captured the attention of market watchers and commentators the world over. Benjamin van Wyk, CFA, breaks down the event.
Biotechnology – the fusion of biology and technology. This month on our blog, Ashley Pedlar (CFA) explores this investment theme.
Our investment research and fund management team has drawn up a selection of local and offshore stocks that we’ll be watching in 2021.
Welcome to 2021, the year in which hindsight will, for once, actually be 2020! In this month’s newsletter, Benjamin van Wyk, CFA, discusses asset allocation and provides general updates on Pyxis’ developments.
Benjamin van Wyk, CFA, looks at what might happen post the recent U.S. Election. This is also our last newsletter for the year.
We all have biases that may cloud our judgement when making day-to-day decisions, and our finances are not exempt from these biases. We often depend on our intuition, but sometimes we are unaware of how our gut feeling may be faulty.
This month on the blog we look at the role of psychological factors in financial decisions.
Savannah Solomons, head of trust and fiduciary, discusses the pitfalls of dying intestate and the effects in can have on your assets.
Pyxis Investment Management (Pty) Ltd, FSP no. 662, is an authorised Financial Services Provider under the Financial Advisory and Intermediary Services Act, 2002.
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