AI is the match, passive is the fuel, says Centaur

By Ruan Jooste, editor of Citywire South Africa. Original Article: Read Here The fund manager said index flows, especially into AI megacaps, had made markets less anchored to fundamentals. Passive investing has changed the way markets behave, making share prices more likely to overshoot when index flows, retail investors and momentum strategies all move in…
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Who Will Be One Of The Next Big IT Megatrend Beneficiaries?

Microsoft (MSFT) is at the center of three powerful technology themes: Cybersecurity Cloud Artificial Intelligence (AI) And its consistent outperformance in these areas is overlooked. Cybersecurity: The Unsung Giant in Enterprise Protection MSFT is the largest cybersecurity vendor in the world being 3 times larger than its closest competitor offering a one-stop shop that delivers…
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SA’s bonds sizzle in lacklustre market for EM debt

By Colleen Goko, Bloomberg  26 Jul 2024 07:30. South Africa’s general election was the catalyst. The outlook for emerging-market local-currency bonds is less than rosy — except in South Africa, which has delivered world-beating returns this year and is seen extending that run. Developing-nation local debt has struggled amid pressures from higher-for-longer US interest rates…

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How did SA’s 2nd-best balanced fund beat its benchmark?

By Jaco Visser Read full article on CityWire South Africa: click here South Africa’s second-best-performing balanced fund over the year ended June, the Centaur BCI Balanced fund, owes its fortunes to offshore and local picks – but not necessarily the ones you might think. The fund, managed by Nick de Vos and Citywire + rated Roger Williams, returned 10.9% (not…

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