In January 2025, the average prudential balanced portfolio returned 1.6% (December 2024: 0.4%). The top performer is M&G Managed Fund, with 2.4%, while Stanlib Managed Fund, with 0.9%, takes the bottom spot. NAM Coronation Balanced Plus Fund took the top spot for the three months, outperforming the ‘average’ by roughly 2.2%. Momentum Namibia Growth Fund underperformed the ‘average’ by 0.7% on the other end of the scale. Note that these returns are before (gross of) asset management fees.

The Monthly Review of Portfolio Performance to 31 January 2025 reviews portfolio performances and provides insightful analyses..

Market Outlook 2025: How to navigate opportunities and risks

As we head into 2025, global markets present a dynamic mix of opportunities and risks. Geopolitical tensions, shifting economic policies, and evolving consumer dynamics reshape the investment terrain. The ability to cut through short-term noise and focus on long-term fundamentals is more important than ever. By adopting a systematic and evidence-based approach, investors can navigate these complexities and position themselves to seize opportunities across asset classes.

Read paragraph 6 of the Monthly Review of Portfolio Performance to 31 January 2025 for our views on investment markets and global political developments. It also reviews portfolio performances and provides insightful analyses.