In this newsletter:
Benchtest 08.2014, investment market commentary, diversifying investment risk, quarterly reporting, unlisted investments and more...
Financial media no longer talk about monetary stimulus but rather speculate about when the Fed will start raising interest rates, after warnings having been uttered by the Fed. 10 Year US bond yields have turned up recently in anticipation of such an increase. Is this the reason why bond purchases by foreigners on the FTSE/JSE have declined from net purchases of R 21.8 billion in July to net sales of R 237 million in August? Most likely so.
Read our full commentary, find out how these and other developments impact on our investment views and download Benchtest 08.2014, here...
Does a combination of manager address all these risks?
RFS supports Hospice of Hope
RFS Staff movements
Namfisa currently expects funds to submit the 2014 quarterly report by the end of February 2014. We have informed managers that we expect to receive the returns for the first 3 quarters of 2014 by the end of November and the returns for the last quarter by the end of January 2015, to give us sufficient time where we are required to compile reports from different managers for a pension fund client.
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He concludes “A balanced investment strategy should secure a retirement worth of distinction – a net replacement value greater than 75%.”
Read the full article in Moneyweb of 11 September 2014, here…