RisCura

China's pro-growth policies are driving a steady economic recovery, with key indicators showing positive trends. The manufacturing PMI edged up to 50.3% in November, surpassing expectations, while domestic demand continues to strengthen. The export sector also saw its first increase since August, likely due to anticipation of tariff changes. In the real estate market, targeted support measures have led to a significant rebound in both new and second-hand home sales, with first-tier cities experiencing a 71% year-on-year surge in second-hand transactions.  Consumer spending is also on the rise, fuelled by government initiatives like trade-in subsidies and consumption vouchers, which have led to notable increases in vehicle and home appliance sales. Additionally, several major cities have issued consumption vouchers redeemable at restaurants, hotels, and movie theatres. These measures mark the initial stages of a consumption recovery, with expectations for expansion across more sectors and regions. Read our China insights report for a full analysis https://lnkd.in/dY4rsbVu #China #MarketInsights #InvestWithCare 

November brought a mixed performance for South Africa’s financial markets. The FTSE/JSE All Share Index and Capped SWIX Index both declined by 1.0%, with sectors like Construction and Materials (+5.5%), Health Care Providers (+2.42%), and Industrial Metals and Mining (+0.35%) providing some resilience. However, Alternative Energy (-18.39%), Chemicals (-7.17%), and Electronic and Electrical Equipment (-5.26%) saw significant losses. On the policy front, the South African Reserve Bank reduced the repo rate by 25 basis points to 7.75%. Meanwhile, the rand depreciated by 2.2% against the U.S. dollar, reflecting global market reactions to Trump’s election victory. Key highlights: ·     Equities mostly declined, while bond and property markets delivered moderate gains. ·     SARB cut the repo rate to 7.75%, a widely anticipated and welcomed move. ·     Inflation eased slightly further, driven by falling food and fuel prices. ·     A trend in retirement withdrawals grew, raising concerns about long-term financial security. Read more on our SA market commentary here: https://lnkd.in/d4-hazuu Stay informed – subscribe here https://lnkd.in/e6tjyJxW for insightful perspectives from the RisCura South African Commentary.  #RisCura #InvestWithCare #SouthAfricanMarket #MarketUpdate

Are you a detail-oriented professional with a passion for numbers and investment management? We’re looking for a talented Fund Accountant to join our team and play a key role in delivering exceptional client solutions. This opportunity is perfect for someone who thrives in a dynamic environment and values precision and excellence. Ready to take the next step in your career? Apply here today! https://lnkd.in/dN3d-KxS

Global markets saw notable shifts in November. The Dow Jones surged 7.7%, with the S&P 500 up 5.9%, signalling robust market performance. Eurozone inflation rose to 2.3%, surpassing the ECB’s target, while China’s manufacturing PMI held steady in expansionary territory. Brazil saw oil overtake soybeans as its leading export product, while Kenya made headlines by cancelling major infrastructure deals with the Adani group following US indictments. Key Highlights: ·     Trump’s decisive victory set off global uncertainty on inflation and trade policies. ·     The US Federal Reserve cut rates, which eased financial market pressures. ·     Eurozone inflation rose to 2.3%, which surpassed the ECB target. ·     China’s manufacturing remained expansionary, signalling modest economic recovery. Read more on our Global market commentary here: https://lnkd.in/dMeFmjwY Stay informed – subscribe here https://lnkd.in/e6tjyJxW for insightful perspectives from the RisCura Global Commentary. #GlobalMarkets #RisCura #InvestWithCare #MarketChallenges #FinancialMarketNews

We are delighted to unveil the Q2 2024 edition of the RisCura – Southern African Venture Capital & Private Equity Association (SAVCA) African Private Equity Performance Report. This report analyses the performance of various South African #PrivateEquity funds, providing valuable insights into industry returns. Published quarterly, it serves as a benchmark for measuring private equity performance in our vibrant market. Read the full report here: https://lnkd.in/dFQ7P6pV  #PE #AlternativeInvestments #InvestWithCare

In this week’s newsletter, Brooke L. explores how drug manufacturing and biodiversity are interlinked priorities for responsible investing. South Africa's fight against tuberculosis (TB) takes a significant step forward with a local company, CPT Pharma, gearing up to produce active pharmaceutical ingredients (APIs) for key TB medications—a move that could reduce reliance on imports and save the country billions annually. The Principles for Responsible Investment webinar last week highlighted the case for investor action on nature. Over 50% of the world’s GDP is highly or moderately dependent on nature and the strong links between climate change and biodiversity loss. As a signatory to the PRI, RisCura supports their efforts to encourage investment in nature and biodiversity. For more insights and useful resources for investors relating to biodiversity, read the full newsletter below 👇 #RisCura #InvestWithCare #ResponsibleInvesting #ImpactInvesting #Biodiversity

We’re hiring for a Portfolio Analyst in Risk & Performance based in Cape Town. This permanent role involves providing portfolio investment analysis and reporting services to asset owners, asset managers and service providers. What we’re looking for: - A degree in finance, mathematics, or a related field with 1-2 years relevant experience. - A passion for numbers, data, and insights. - Strong analytical and problem-solving skills. Click the link to apply: https://lnkd.in/dHABw4tS #RisCura #InvestWithCare #PortfolioAnalyst #RiskandPerformance #CareerOpportunities

A heartfelt congratulations to the new CFA charterholders who were officially honoured at the recent CFA Society South Africa New CFA Charterholder and Volunteer Recognition Event in Cape Town. This milestone marks your entry into an esteemed global community, and your fresh perspectives will no doubt shape the future of our industry. Here’s to continued growth and excellence! #RisCura #InvestWithCare

In this week’s newsletter Brooke L. dives into three critical themes shaping our world: 𝗔𝗳𝗳𝗼𝗿𝗱𝗮𝗯𝗹𝗲 𝗛𝗼𝘂𝘀𝗶𝗻𝗴: Highlights from the 16th IHS Affordable Housing Conference, where industry leaders tackled issues like rental property innovation and green development bonds. Vanessa Murray of Nedbank shared insights on bridging South Africa’s demand-supply gap and making green building standards a norm. 𝗘𝗱𝘂𝗰𝗮𝘁𝗶𝗼𝗻 𝗜𝗻𝗳𝗿𝗮𝘀𝘁𝗿𝘂𝗰𝘁𝘂𝗿𝗲: South Africa’s Minister of Education, Siviwe Gwarube, pledged to eradicate pit toilets in schools by March 2025, marking a key step towards achieving SDG 6 (clean water and sanitation for all). 𝗖𝗹𝗶𝗺𝗮𝘁𝗲 𝗖𝗵𝗮𝗻𝗴𝗲: The G20 summit in Rio emphasised global collaboration on climate finance, poverty reduction, and taxation reform, with South Africa championing an agenda for sustainable development ahead of next year’s summit. For more insights, read the full newsletter below 👇 #RisCura #InvestWithCare #ResponsibleInvesting #AffordableHousing #EducationForAll #ClimateAction #ESG

China’s equity market revealed contrasting trends among different stock segments in October. Small-cap stocks continue to outperform large-cap stocks while major indices, which are primarily dominated by large-cap stocks, all experienced corrections. Market sentiment fluctuated between optimism and caution, as onshore "hot money" flowed into the market, while some institutional investors remained on the sidelines, waiting for further policy clarity. Read our China insights report for a full analysis: https://lnkd.in/d8DZG33K #China #MarketInsights #InvestWithCare