Since news around the severity of the novel coronavirus (COVID-19) outbreak in China first became known, we have been following the global developments in this regard closely and preparing ourselves both from an investment perspective as well as from a business standpoint. Over the past weeks, we have sent out communication letters regarding the impact of COVID-19 on the economy and your investments. The purpose of this communication is to provide you with insight on the actions that we have taken as an organisation to ensure business continuity and to care for, and protect, our employees and clients. In doing so, we have ensured that our team have remained focused on managing your investments and serving you, our clients, through this difficult time.
The confluence of recent market events has triggered an extremely violent fall in global and local investment markets. The world has arguably not seen anything similar in the past three decades. This could not have come at a worst time – last year we saw global economic growth starting to stagnate while South Africa entered a recession with economic growth non-existent.
March is shaping up to be quite a month – the novel coronavirus (COVID-19) event, an oil shock, worse than expected SA growth data and a Moody’s rating review for South Africa (SA). The surprise
Emerging market currencies plunged as Turkey’s lira extended its swift slide after President Recep Tayyip Erdogan showed no signs of backing down in a deadlock regarding tariffs with the US administration. As investors worry about the country sliding toward a full-blown financial crisis, traders are taking the opportunity to reduce positions in emerging market securities.
This is a flash report on BREXIT
Finweek featured the Quantum BCI Worldwide Flexible FoF in one of their articles, feel free to read the article from here.
Another year is coming to an end. The festive season is fast approaching and once again we can reflect upon a busy and satisfying year. We would like to take this opportunity to cordially thank our clients for their continued and loyal support. Rest assured that we...