Morningstar Commentary for May 2024

Market and Economic Summary Global equity markets produced strong returns this month, with developed markets producing robust returns and outpacing emerging markets. Developed equity markets, after a pause in April, continued its strong run this month, with multiple...

How do local equities stack up in the current environment?

How do local equities stack up in the current environment? By Sean Neethling, Portfolio Manager, Morningstar Investment Management South Africa To say that 2022 has been volatile would probably be somewhat of an understatement. South African equities can no longer be...

May market summary:

May saw equities return -3.5% while bonds lost 2.0%. Listed property also declined by 6.0%, with cash the only positive asset class, at 0.6% higher for the month. The best performing sector for May 2018 was resources, up 4.8%.  Industrials and financials were both...

Cash – the riskiest asset of all

Clients often suffer from “inflation illusion”, not understanding how destructive inflation can be over time. This is why when we are illustrating potential retirement scenarios to clients, we always convert future value outcomes back to present values. This article...