Finweek - English

Finweek is South Africa’s leading financial weekly magazine focusing on investment. With its brisk, creative and authoritative analysis of business and investment issues, it’s an essential business tool in the daily battle for competitive advantage. Today's business decision-makers have to cope with increased pressure on their time and are expected, more than ever before, to succeed in the face of stiffer competition. Finweek provides relevant information in quick bytes, along with award-winning investment advice.

from the editor

The future of books • Have e-books displaced their printed peers yet and to what extent has Covid-19 affected the book industry?

Ncora, an example of what farming in SA could look like • The recent investment in a dilapidated former-Transkei irrigation scheme should be a topic during land-reform debates.

Finweek - English

in brief

DOUBLE TAKE

When local governments fail mining companies • Aspirations of employment in some of SA’s poorest regions are fuelling local discontent. Take Prieska, for example.

Constrained supply dynamics underpin the metal-price surge • Should investors heed Neal Froneman’s cautiousness on the current metals supercycle?

South Africa’s first and favourite ETF • The Satrix 40 ETF tracks the FTSE/JSE Top 40 Index and pays a quarterly dividend to holders.

Tenders boost construction sector

Investors not deterred by loss

Bear trend finally put to rest

Uncertainty impacts local banking stocks • The jury is out on whether shares in South African lenders are a good bet in the current economic climate.

Why you need to understand a payout policy • The Covid-19 pandemic had a dismal effect on dividend payments. Look into a company’s dividend policy before you invest.

PLEASE SEND ANY FEEDBACK AND SUGGESTIONS TO CABOTA@GIBS.CO.ZA.

Different perspectives on risk • Risk is an important, albeit complicated, part of the investment process.

ACONCISE HISTORY OF THE THEORY OF RISK

A risky business • Do we really understand what risk means to investors? And do investors themselves really know?

Noise, financial advice, and Snow White’s eighth dwarf, Risky • More work is needed to determine the key constituents of a risk profile and how they are measured.

Gauging your client’s risk profile • Risk profiling should be undertaken similarly to building a friendship, and no questionnaire can ever substitute a personal conversation.

2 contesting views: de-risking the narrative and the risk of not taking risk

My helper schooled me • We should reassess how we view risk in terms of our own academic matrices and what risk means to the members of the retirement funds we serve.

Ditching two old assumptions that could benefit investors • Volatility has been accepted as a measure of risk, but it has some shortcomings.

How do we tell the story of risk? • The new science on narrative has important implications for client risk profiling; it may be time to rethink it.

Why ESG matters • Pension fund trustees should, as part of their fiduciary duties, understand the risk involved in outsourcing the measurement of environmental, social and governance factors.

Analysing for unintended risk • How to achieve better alignment between fund managers and their clients.

Just when you think you understand risk … • The way we view risk is changing and investors need to be lifelong learners.

Taxing the wealthy may eventually benefit markets • Equity markets have largely ignored tax hikes, but more corporate and income taxes could see a different scenario.

Myths vs historical data • Looking at two of the most popular ‘they say’ talks doing the rounds.

Simon’s...